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This fall Millie finally repaid her student loan. She originally borrowed the money to pay tuition several years ago, when she attended State University (a

This fall Millie finally repaid her student loan. She originally borrowed the money to pay tuition several years ago, when she attended State University (a qualified educational institution). This year Millie paid a total of $2.400 of interest on the loan. If Millie files single and reports $75,000 of income and no other items of income or expense, how much of the interest can she deduct? Multiple Choice Milite can deduct $2400 for AGI. Mille can deduct $1.600 for AGI. O Mille can deduct $2400 as an itemized deduction. Millie can deduct $800 for AGI. None-the tuition is not deductible

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