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Jenny pald $3,300 of interest on a qualified education ban this year. Jenny fles married...

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Accounting

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Jenny pald $3,300 of interest on a qualified education ban this year. Jenny fles married filing jointly and reports modified AGI (MAGI) of $137,000. What is Jenny's deduction for interest expense on a qualified educational loan, given that the phase-out range for the deduction, based on MAGI, for married fling jointly taxpayers is from $140,000 to $170,000 ? 2.53,300 b. $2,000 c. 50 d. $2,500

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