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LIonel is an unmarrled law student at State UnIversity Law School, a qualified educational Institution. This year LIonel borrowed $24,000 from County Bank and pald
LIonel is an unmarrled law student at State UnIversity Law School, a qualified educational Institution. This year LIonel borrowed $24,000 from County Bank and pald Interest of $1,440. Lionel used the loan proceeds to pay his law school tultion. Calculate the amounts Lionel can deduct for Interest on higher-education loans under the following circumstances: Note: Leave no answer blank. Enter zero if applicable. b. LIonel's AGI before deducting Interest on higher-education loans is $84,000
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