Tax Benefit on Overseas Home Loan

ashishgoels · #1 May 4, 2007, 12:05 PM

Hi,

I am Indian citizen and currently on working in USA on work visa. I have recently purchased a first residential property in my home country India. I have taken Home loan from Bank in India. I am paying monthly EMI’s on that loan using my NRI account.

Question?
Can I avail tax benefit on housing loan while filing tax return in US? I am not filing tax in India as I am not earning anything in my home country.

Thanks,
Ashish

IntlTax · May 4, 2007, 05:55 PM

See discussion at http://www.askmehelpdesk.com/taxes/c...oan-87516.html



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