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British student loan tax question

British student loan tax question

Old Feb 6th 2009, 9:36 pm
  #1  
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Default British student loan tax question

Hey all,

Tried googleing but couldn't find chuff all. I've been paying my student loan at around $2500 a year (not a lot to go now thank god!) but was wondering if a British student loan is tax deductable?

Anyone know or is it just those US loans and I have to take it like a man

Thanks!

A
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Old Feb 7th 2009, 1:38 pm
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Default Re: British student loan tax question

Originally Posted by Andy_LongIsland View Post
Hey all,

Tried googleing but couldn't find chuff all. I've been paying my student loan at around $2500 a year (not a lot to go now thank god!) but was wondering if a British student loan is tax deductable?

Anyone know or is it just those US loans and I have to take it like a man

Thanks!

A
Hi Andy, I dont know the answer to that question, but I seem to recall the subject has come up before. Try having a search in the forums. Failing that I'm sure someone will be along soon who maybe has had the same issue themselves.
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Old Feb 7th 2009, 4:52 pm
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Default Re: British student loan tax question

No, I try every year but I can't deduct it. Makes sense because it has nothing to do with the US government.
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Old Feb 7th 2009, 5:08 pm
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Default Re: British student loan tax question

A simple Google of the words "tax deduct foreign student loan" brings up all the answers you need:

LetMeGoogleThatForYou

This link seems to be pretty comprehensive:

http://www.studentloannetwork.com/fi...01/taxcuts.php
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Old Feb 8th 2009, 2:55 am
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Default Re: British student loan tax question

No, can't claim it.
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