Question: Question 4 ( 1 point ) Emma is repaying her government sponsored student loan. In 2 0 2 3 , she made total payments on
Question point
Emma is repaying her government sponsored student loan. In she made total payments on the loan of $ comprising $ in principal and $ in interest. With regards to Emma's income tax return, which of the following is true?
Emma can claim a federal nonrefundable tax credit for $ of the loan payments
Emma is not eligible to claim a federal nonrefundable tax credit associated with her student loan
Emma can claim a federal nonrefundable tax credit for the $ of loan
Emma can claim a federal nonrefundable tax credit for $ of the loan payments
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