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This year Jong paid $3,000 of interest on a qualified education loan. Jong files married joint and reports modified AGI of $152,000. What is Jong's

This year Jong paid $3,000 of interest on a qualified education loan. Jong files married joint and reports modified AGI of $152,000. What is Jong's deduction for interest expense on an educational loan? A. $2,500 B. $3,000 C. $1,500 D. $1,000 E. None of the above.

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