Carrie, a single taxpayer, finished her undergraduate degree using money from a student loan. She earned $56,000

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Carrie, a single taxpayer, finished her undergraduate degree using money from a student loan. She earned $56,000 her first year and paid $2,600 in interest in 2022. 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 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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