Question: Allison & Kyle, married filing separately . 2020: Kyle pays $7000 of interest: $4000 on student loans, $3000 on car loan. Allison & Kyle's 2020
Allison & Kyle, married filing separately. 2020: Kyle pays $7000 of interest: $4000 on student loans, $3000 on car loan. Allison & Kyle's 2020 modified AGI = $150,000. How much interest can they deduct in 2020?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
