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This year Riley files single and reports modified AGI of $ 8 1 , 0 0 0 . Riley paid $ 1 , 2 0

This year Riley files single and reports modified AGI of $81,000. Riley paid $1,200 of interest on a qualified education loan. What amounts can Riley deduct for qualifying education interest?
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The deduction for qualifying education interest is $1,200.
The deduction for qualifying education interest is $1,000.
The deduction for qualifying education interest is $720.
The deduction for qualifying education interest is $200.
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