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Morgage interest deduction for dual-status

Asked Feb 11, 2006, 11:05 AM — 3 Answers
OPT 1/05-8/05, H-1, 8/05-12/05,

I know that I need to file a non-resident form (1040NR). 1 question:

Do I get the whole year's morgage interest deduction $ 8800 on 1040NR? Where do I put it?
Thanks.

3 Answers
AtlantaTaxExpert's Avatar
AtlantaTaxExpert Posts: 19,862, Reputation: 3723
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#2

Feb 11, 2006, 07:05 PM


As answered on the other post, you cannot claim the mortgage interest deduction as a non-resident alien.

You must file as a resident alien under the First Year Choice to claim the mortgage interest deduction.
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silverstar's Avatar
silverstar Posts: 3, Reputation: 1
New Member
 
#3

Feb 12, 2006, 10:31 AM
Dear Atlanta Tax Expert,
If I choose the First Year Choice, can I claim the $5000 US-China treaty deduction, too?
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AtlantaTaxExpert's Avatar
AtlantaTaxExpert Posts: 19,862, Reputation: 3723
Senior Tax Expert
 
#4

Feb 12, 2006, 09:04 PM


No, but you will be able to claim the $5,000 standard deductions, so it's a wash!
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