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Mason paid $4,100 of interest on a loan that paid tuition for him to attend a private university this year. How much of this payment
Mason paid $4,100 of interest on a loan that paid tuition for him to attend a private university this year. How much of this payment can Mason deduct as a qualifying education expense if he files single and reports modified AGI of $90,000?
A. $4,100 B. $4,000 C. $2,667 D. $2,000 E. None of the above - no deduction is allowed.
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