Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Nonresident Income and Deductions

Exercises

Question 1 of 4

True or False? Mario came to the U.S. last year for postgraduate study. He borrowed $2,000 from the college credit union for his last semester's fees and books. Mario has graduated, but remained in the U.S. for one year of practical training. He began repaying the loan and paid $50 in interest during the current tax year. Mario can claim this interest as a deduction.