Question: Fayed, who is single, had a student loan for qualified education expenses on which interest was due. For 2020, the total interest payments were $2,000.

Fayed, who is single, had a student loan for qualified education expenses on which interest was due. For 2020, the total interest payments were $2,000. Assuming he has AG under $70,000, how much may he deduct in arriving at adjusted gross income for 2020? Multiple Choice $2,500 $2.000 $1.700 50

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