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New Member

Im living abroad and receive foreign income. i pay student loans in the US and was wondering if I could get a tax refund from my loan interest.

 
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DoninGA
Level 15

Im living abroad and receive foreign income. i pay student loans in the US and was wondering if I could get a tax refund from my loan interest.

Student loan interest paid is not refundable.  It is entered on a tax return as an adjustment to income, reducing the amount of your adjusted gross income, thereby reducing your taxable income and your tax liability (if any).

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DoninGA
Level 15

Im living abroad and receive foreign income. i pay student loans in the US and was wondering if I could get a tax refund from my loan interest.

Student loan interest paid is not refundable.  It is entered on a tax return as an adjustment to income, reducing the amount of your adjusted gross income, thereby reducing your taxable income and your tax liability (if any).

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