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The phaseout range with regard to student loan interest deductibility is $70,000 - $85,000 for...

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Accounting

The phaseout range with regard to student loan interest deductibility is $70,000 - $85,000 for single taxpayers. Assume John is single, has AGI of $93,000 and paid $1,000 of interest on his student loans. How much student loan interest can John deduct for AGI?

Group of answer choices

$1,000

$800

$200

$0

Answer & Explanation Solved by verified expert
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