During 2016 through 2019, Brianna took out a $30,000 qualified loan for her college expenses. In 2020,
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During 2016 through 2019, Brianna took out a $30,000 qualified loan for her college expenses. In 2020, while Brianna was still living at her parents' house and also declared as a dependent of her parents, she began repaying the loan. The first year the interest on the loan was $1,750. How much can Brianna deduct in interest on her affidavit?
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
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