Which of the following statements regardingOn January 1 of this year, Thomas borrowed $8,500 from...
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Accounting
Which of the following statements regardingOn January of this year, Thomas borrowed $ from his employer, ABC Services, to use as a down payment on his home. ABC did not charge Thomas interest on the loan at a time when the federal rate was Thomas had investment income of $ last year. Which of the following statements regarding the loan is CORRECT?
the qualified education interest deduction is CORRECT?
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