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Luther is single, has MAGI of $40,000 and paid $3,200 of interest on a qualified student loan in 2022. He may deduct the $3,200 interest

Luther is single, has MAGI of $40,000 and paid $3,200 of interest on a qualified student loan in 2022. He may deduct the $3,200 interest as an above the line deduction. O. True O False

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