What is the amount of student loan interest deduction


Problem: In 2019, Donna, who is single, finished graduate school and began repaying her student loan. The proceeds of the loan were used to pay her qualified higher education expenses, and she never had any type of educational assistance or scholarships excluded from her income in the past. The amount of interest paid during the year amounted to $3,000. What is the amount of her student loan interest deduction if her AGI is $73,000?

It is always advisable to take online assistance from the Loan Interest Deduction Assignment Help service for precisely completing your academic tasks.

Tags: Loan Interest Deduction Assignment Help, Loan Interest Deduction Homework Help, Loan Interest Deduction Coursework, Loan Interest Deduction Solved Assignments

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the amount of student loan interest deduction
Reference No:- TGS03032763

Expected delivery within 24 Hours