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1. Bob and Peggy Gorman file a joint return. During 2022, they pay $2,000 of student loan interest. If the Gormans' modified AGI is $151,000,

1. Bob and Peggy Gorman file a joint return. During 2022, they pay $2,000 of student loan interest. If the Gormans' modified AGI is $151,000, their student loan interest deduction is: a. 50. b. $400. c. $1,000. d. $1,600. e. $2,000

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