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This year in 2022, Taxpayer paid $3,000 of interest on qualified education loans and reported...

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Accounting

This year in 2022, Taxpayer paid $3,000 of interest on qualified education loans and reported MAGI of $73,000. Determine Taxpayer's allowable For AGI deduction resulting from these interest payments. The phase-out range for SINGLE is $70,000 - $85,000.

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