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    DWu's Avatar
    DWu Posts: 1, Reputation: 1
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    #1

    Mar 19, 2006, 08:33 AM
    Home interest deduction in OPT
    Hi, I have a question about the home loan deduction. I was in F-1 and OPT in 2005 the entire year. And I am supposed to file 1040NR. I bought a house in Oct. 2005, and received form 1098 for loan interest and points paid. Are they tax deductable? In the schedule A of 1040NR where I do my itemized dedution, I can not find a place for home loan deduction. I heard from friends that home loan interests are all tax deductable. Would you please tell me where I can do the deduction?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Mar 19, 2006, 09:42 PM
    Sorry, you cannot deduct the interest reported on Form 1098 if you are filing as a non-resident alien.

    Hopefully, you will be able to file as a resident alien in 2006 and you can claim it then.
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