Martha is single and graduated from Ivy Tech in May of 2016.In January of 2017,she begins repaying her student loans and pays interest on the loans of $2,600 in 2017 and $1,200 in 2018.Her adjusted gross income in 2017 is $63,000 and is $80,000 in 2018.Martha can deduct student loan interest of
2017 2018
A) $- 0 - $-0-
B) $2,000 $1,200
C) $2,500 $1,200
D) $2,000 $-0-
E) $2,500 $-0-
Correct Answer:
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