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18. kerry would like to claim interest expenses associated with her education loans as an above-the-line deduction. under '221, the maximum amount she would be

18. kerry would like to claim interest expenses associated with her education loans as an above-the-line deduction. under '221, the maximum amount she would be able to deduct for this interest is:

  • 10% of the principal.
  • $1,250 per year.
  • $2,500 per year.
  • $5,250 per year.

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