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Mason paid $4,100 of interest on a loan that paid tuition for him to attend...

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Question

Accounting

Mason paid $4,100 of interest on a loan that paid tuition for him to attend a private university this year. How much of this payment can Mason deduct as interest expense on an educational loan if he files single and reports modified AGI of $95,000?
Multiple Choice
$4,100
$4,000
$2,667
$2,000
None of the choices are correct.

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