Solved

In 2010,Michelle,single,paid $2,500 Interest on a Qualified Student Loan

Question 96

True/False

In 2010,Michelle,single,paid $2,500 interest on a qualified student loan.Her MAGI was $65,000.She may deduct the $2,500 interest as a deduction for AGI.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: Shirley pays FICA (employer's share)on the wages

Q29: For purposes of computing the deduction for

Q79: John gave $1,000 to a family whose

Q81: Taxes assessed for local benefits, such as

Q81: Leona borrows $100,000 from First National Bank

Q92: Joe and Nancy are married and file

Q93: The election to itemize is appropriate when

Q93: Frank, a widower, had a serious stroke

Q94: Karen,a calendar year taxpayer,made the following donations

Q95: Terry pays $8,000 this year to become