9. Carrie finished her undergraduate degree using money from a student loan. She earned $36,000 her first

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9. Carrie finished her undergraduate degree using money from a student loan. She earned

$36,000 her first year and paid $2,600 in interest. She can take a deduction for student loan interest in the amount of:

a. $2,600

b. $2,500

c. $1,500

d. $0

e. None of the above LO 5.3

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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