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Logan, Caden, and Olivia Are Three Unrelated Parties Who Claim

Question 42

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Logan, Caden, and Olivia are three unrelated parties who claim the standard deduction. All are married and attend Citron University, and each pays tuition of $6,100. Of this payment, Logan can claim a deduction of $4,000; Caden a deduction of $2,000; and Olivia no deduction at all. Explain.

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