India lo house loan , US lo tax returns

[iddaritho]

India lo oka 1C loan thesukunte , Loan interest meda tax deduct chesukovacha ???

[Jalsarayudu9]

Cheyyochu but nee loan ki annual interest calculate chesuko.. and then adi standard deduction kantey ekkuva vastey cheyyi or else lite

[BonguBooshanam]

26 minutes ago, iddaritho said:

India lo oka 1C loan thesukunte , Loan interest meda tax deduct chesukovacha ???

Yes you can do that I did that previously. 

[iddaritho]

US lo already house loan undi paying around 800 dollars in interest monthly , ikkada kuda 1 c ke oka 1000 dollars varaku interest vasthadi nada monthly , that will be more than standard deduction so thinking 

 

[BonguBooshanam]

Just now, iddaritho said:

US lo already house loan undi paying around 800 dollars in interest monthly , ikkada kuda 1 c ke oka 1000 dollars varaku interest vasthadi nada monthly , that will be more than standard deduction so thinking 

 

You can go with itemized deductions.