How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Robin D. Your Own Question
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13641
Experience:  15years with H & R Block. Divisional leader, Instructor
14155347
Type Your Tax Question Here...
Robin D. is online now
A new question is answered every 9 seconds

A person resides in the US on a H1 Visa. Can he deduct interest

Resolved Question:

A person resides in the US on a H1 Visa. Can he deduct interest and property taxes paid on Real Estate?
Submitted: 4 years ago.
Category: Tax
Expert:  Robin D. replied 4 years ago.

Robin D :

Hello and thank you for using Just Answer
If you are a resident alien and file form 1040 you are allowed the same deductions as a citizen of the US.
These deductions include certain medical and dental expenses, state and local income taxes, real estate taxes, interest you paid on a home mortgage, charitable contributions, casualty and theft losses, and miscellaneous deductions.
If you are not a resident alien and file form 1040NR, you can deduct certain itemized deductions if you receive income effectively connected with your U.S. trade or business. These deductions include state and local income taxes, charitable contributions to U.S. organizations, casualty and theft losses, and miscellaneous deductions. Use Schedule A of Form 1040NR to claim itemized deductions. No mortgage interest.

Robin D :

Hi

Robin D :

You can see that it is important to deytermine your residency first

Customer:

Thank you for your quick answer!

Robin D :

You are welcome

Customer:

Yes

Robin D :

You can always come back even after you click ACCEPT

Customer:

Ok. Have a great day!

Robin D. and other Tax Specialists are ready to help you