Yazmin paid $3,005 in interest on a private loan she took out to pay qualified education expenses when she was a full-time student. In early 2024, she received a Form 1098-E showing interest she paid during the year. She is filing a joint return with her husband, Yusef, and their modified adjusted gross income (MAGI) is $160,000. 

What is the maximum amount of student loan interest that Yazmin and Yusuf can deduct on their return?

Answer rating: 100% (QA)

The maximum amount of student loan interest that Yazmin and Yusef can deduct on their tax return is ... View the full answer