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In 2016, Sharinna, who is single, finished graduate school and began repaying her student loan. The proceeds of the loan were used to pay her
In 2016, Sharinna, who is single, finished graduate school and began repaying her student loan. The proceeds of the loan were used to pay her qualified higher education expenses, and she never had any type of educational assistance or scholarships excluded from her income in the past. The amount of interest paid during the year amounted to $3,000. What is the amount of her student loan interest deduction if her AGI is $71,000?
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