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k int pences Required information Problem 6-31 (LO 6-1) (Algo) [The following information applies to the questions displayed below] Lionel is an unmarried law
k int pences Required information Problem 6-31 (LO 6-1) (Algo) [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 $36.000 from County Bank and paid interest of $2,160. 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 (Leave no answer blank. Enter zero if applicable.) Problem 6-31 Part-a (Algo) a. Lionel's AGI before deducting interest on higher-education loans is $50.000 Interest deduction
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