In $2022,$ Hidalgo, who is single, received his bachelor's degree and started working. In $2023,$ he began paying interest on qualified education loans and had modified AGl of $$80\mathrm{.}000.$ He paid interest of $$1,200$ in $2023.$ Which of the following statements is correct?

Multiple Choice

Due to the phase$-$out rules, only a portion of the $$1,200$ in interest will be deductiule

Taxpayers are not allowed a deduction for education loan interest in $2023$

The full $$1,200$ & deductible in arriving at adjusted gross mcome

Ifhis modified AGI had been $584,000$ the phase out rules would have reduced nis deductible merest to zero