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Shan Chen has started an MS degree program for working professionals that will cost $16,000 this tax year in qualified educational expenses. Shan is single

Shan Chen has started an MS degree program for working professionals that will cost $16,000 this tax year in qualified educational expenses. Shan is single with an AGI of $95,000 and is in the 22% marginal tax bracket. How much tax savings will Shan receive as a result of these educational expenses?

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