Question: Unit 3 Chapter 6 Homework i Saved Help Save & . 2 Required information (The following information applies to the questions displayed below.) Part 2

 Unit 3 Chapter 6 Homework i Saved Help Save & .

Unit 3 Chapter 6 Homework i Saved Help Save & . 2 Required information (The following information applies to the questions displayed below.) Part 2 of 3 10 points Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $35,000 from County Bank and paid interest of $2,100. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for higher education expenses and interest on higher-education loans under the following circumstances: (Leave no answer blank. Enter zero if applicable.) Print b. Lionel's AGI before deducting interest on higher education loans is $79,000. Higher education expenses est deduction

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