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Leslie who is single, finished graduate school this year and began ropaying her student loan. The proceeds of the loan were used to pay her

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Leslie who is single, finished graduate school this year and began ropaying her student loan. The proceeds of the loan were used to pay her qualfied higher education expenses. She has not received any type of educational assistance or scholarships. The amount of interest paid during the year amounted to $3,800. What is the amount and classification of her student loan interest education deduction if her modifiod AGI is $20,000. A. $2,500 from AGi B. $3.800 from AG1 C. $2.500 for AGI D. $3,800 for AGI QUESTION 21 Special documentation rules apply to donation of: A. Airplanes B. All of the above C. Motor vehicles D. Boats QUESTION 22 Investment interest expense is deductble: A. As an offset to net investment income. B. As a capital loss. C. As an itemized deduction. D. As a deduction for AGL

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