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? Multiple Choice 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

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? Multiple Choice 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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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please solve C
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