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Ryan files as head of household. In 2020, he pays $3,500 of interest on a...

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Accounting

Ryan files as head of household. In 2020, he pays $3,500 of interest on a qualified education loan he took out for his dependent son's tuition. He also paid $7,800 for this year's tuition. Before taking into account the student loan interest and tuition payment, Ryan's modified AGI is $80,700. Round calculations to the nearest whole dollar.

What is Ryan's deductino for qualified education expenses?

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