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    kdigu79's Avatar
    kdigu79 Posts: 11, Reputation: 1
    New Member
     
    #1

    Apr 9, 2009, 06:14 PM
    Student Loan F1 Student
    Hi
    I am on my OPT. I am on my F1 Visa. I have taken a Student loan in India for my Masters, and I have paid off about 5000 dollars in 2008.
    Can I get a student Loan Deduction on this amount. If yes What are the documents that I need to submit.



    Thanks
    Kiran
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Apr 9, 2009, 07:29 PM

    Student loan payment is not deductible for residents or nonresidents.
    Read: Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Jun 9, 2009, 10:14 AM
    While the student loan payment itself is not deductible, the interest on the loan IS deductible whether you file as a resident or non-resident alien.

    The loan just needs to be used exclusively for tuition and allowable fees.

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