Question
For the current year, Bongsik paid $3,000 of interest on qualified education loans. Bongsik files married filing jointly and reports modified AGI of $157,000. What
For the current year, Bongsik paid $3,000 of interest on qualified education loans. Bongsik files married filing jointly and reports modified AGI of $157,000. What is Bongsik's deduction for interest expense on an educational loan?
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald W. Hilton
11th edition
125956956X, 978-1259569562
