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March 28, 2022
Question

Do I have to report student loans and stipends from Sweden as a dual citizen when I spent half the year in working in the US and half the year studying in Sweden?

  • March 28, 2022
  • 2 replies
  • 0 views

The money I received in Sweden is all from their government's loan/grant system. I did not get a tax form from them and do not understand how to report this. 

2 replies

ColeenD3
March 28, 2022

Whether or not you reside in the United States or in a foreign country, you are required to report all of your US income as well as foreign source income on your US tax.

Hal_Al
Employee
March 28, 2022

Loans are not reportable income.  Stipends and scholarships are only reportable if not used for qualified expenses (tuition, fees and course materials)