Question: Sandy is a single taxpayer. She has a $ 2 9 , 0 0 0 student loan. She pays $ 3 0 8 each month

Sandy is a single taxpayer. She has a $29,000 student loan. She pays $308 each month with $121 of that payment going toward student loan interest. Over the first year in repayment, she repays $3,696 overall: $2,244 in principal and $1,452 in interest. Her modified adjusted gross income in 2024 was $45,000. Assuming she meets all other criteria, Sandy's student loan interest deduction is what amount?
A. $0
B. $1,452
C. $2,500
D. $3,696
(c)2024 Golden State Tax Training Institute, Inc.
Sandy is a single taxpayer. She has a $ 2 9 , 0 0

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