Carrie finished her undergraduate degree using money from a student loan. She earned $36,000 her first year

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Carrie finished her undergraduate degree using money from a student loan. She earned $36,000 her first year and paid $2,600 in interest. She can take a deduction for student loan interest in the amount of:

a. $2,600
b. $2,500
c. $1,500
d. $0
e. None of the above

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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Question Posted: Aug 25, 2023 02:52 AM

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Carrie finished her undergraduate degree using money from a student loan. She earned $36,000 her first year

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b 2500 Carrie can take a deduction for student loan inte...View the full answer

Income Tax Fundamentals 2017

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