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10 Required information Part 1 of 3 The following information applies to the questions displayed below Lionel is an unmarried law student at State University
10 Required information Part 1 of 3 The following information applies to the questions displayed below Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $24,000 from County Bank and paid interest of $1.440 Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for interest on higher education loans under the following circumstances 013 points eBook Prin References a. Lionel's AGI before deducting interest on higher education loans is $50,000 Deductiblo interest expense 0 Required information The following information applies to the questions displayed below) Lionel is an unmaried low student at State University Law School, a qualified educational institution This year Lionel Part 2 of 3 borrowed $24,000 from County Bank and paid interest of $1.440 Lionel used the loan proceeds to pay his law school 013 points Calculate the amounts Lionel can deduct for interest on higher education loans under the following circumstances eBook Print References b. Lioners AGI before deducting interest on higher-education loans is $74 000 Deductible interest expense 12 0 Required information The following information applies to the questions displayed below Part 3 of 3 Lionel is an unmarried law student at State University Law School, a qualified educational institution This year Lionel borrowed $24,000 from County Bank and paid interest of $1.440 Lionel used the loan proceeds to pay his law school tuition Calculate the amounts Lionel can deduct for interest on higher education loans under the following circumstances 014 points eflook Prine References c. Lionel's AGI before deducting interest on higher-education loans is $90,000 Deductble interest expense
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