How much interest can henry deduct if he files single
Problem
Last year Henry borrowed $29,000 to help pay for his dependent daughter's college tuition. This year (in 2022) Henry paid $3,600 of interest on the loan. How much, if any, interest can Henry deduct if he files single with AGI of $78,850?
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This year (in 2022) Henry paid $3,600 of interest on the loan. How much, if any, interest can Henry deduct if he files single with AGI of $78,850?
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