Mike pald $4,000 of interest on a qualified education loan that he used to pay...

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Accounting

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Mike pald $4,000 of interest on a qualified education loan that he used to pay for his dependent son's college education. How much of this payment can Mike deduct as a for AGI deduction if he files married-joint and reports modified AGI of $155,000? Multiple Choice $4.000 $2,500 $2,000 $1.250 None of the choices are corretno deduction is allowed

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