I am currently on H1B in USA. I have paid around $3000 in 2007 in my education loan in India. Can I get any deduction on that?
They loan was taken in india in a indian bank

Thanks
Sumesh

Paying back a loan does not constitute getting a tax deduction, no.

Sorry, no deduction for the interest on the education loan. Also, there is other bad news. If you reside in the U.S. and the lender is a foreign bank, then you are required to withhold 30% tax on the interest portion of the payments, unless a lower treaty rate applies (10% or 15% for India). If you want to rely on the treaty, you need to obtain a Form W-8BEN from the foreign bank where the bank certifies that it qualifies for treaty benefits. In either case, you will need to also file Form 1042 and 1042-S reporting that you made interest payments to foreign persons.