1. Mr. & Mrs. jones are married filing joint taxpayers with an AGI of $110,000. In 2021, they paid $3,000 interest on qualified student loans. What is the amount their student loan interest deduction? A. 3,000 B. 2500 C.0 D. 1500 E. 2200

2. Julie, who files as a single taxpayer, has AGI of $100,000 in 2021. She incurred the following expenses during the year:

   State and local income taxes	5,800
   Contributions to a Health Savings account	3,200
   Student loan interest	4,000
   Home mortgage interest	8,000
   Roth IRA contribution	2,000
   Traditional IRA contribution	2,000
   Health insurance premiums	6,000
   Gambling losses (gambling winnings were $2,000)	400

   Assuming Julie is NOT self-employed, Julie's allowable deductions FOR AGI (above the line) are:

   		$7,700
   		$5,200
   		$9,200
   		$5,600
   		$8,200