Tax Deductions on F-1 Visa status
Hi,
I am student in TX, I am summarizing my earning (I have added my payment and deduction for Nov and Dec as well) and deductions below,
YTD Gross Taxes
10302.5 934.84 Pay from Assistantship
14875 1920.72 Pay from Internship
25177.5 2855.56 Total
Also I have taken a student loan that I am repaying. In 2008 till date I have re paid $2062 and the balance on the loan is $1860.
How much is the tax refund that I can get? I have read that I can use the loan repayment to be deducted from the taxable income is this true? What can be done so that I get a full refund of the taxes? Please help :eek:
Thank you all in advance!!