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Which of the following is a true statement? Multiple Choice C ) For purposes of the deduction for educational Interest, an educational loan must be
Which of the following is a true statement? Multiple Choice C ) For purposes of the deduction for educational Interest, an educational loan must be used to pay tuition to any type of school. C ) The maximum deduction for educational Interest is $5,000 for married taxpayers filing Jointly. Self-employed taxpayers are not allowed to deduct health care premiums if the taxpayer is eligible to participate in their spouse's employer-provided health plan. O Self-employment taxes paid by self-employed taxpayers are deductible as business expenses. O All of the choices are correct
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