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Martha Is Single and Graduated from Ivy Tech in May

Question 131

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Martha is single and graduated from Ivy Tech in May of 2012.In January of 2013,she begins repaying her student loans and pays interest on the loans of $2,600 in 2013 and $1,200 in 2014.Her adjusted gross income in 2013 is $63,000 and is $80,000 in 2014.Martha can deduct student loan interest of
20132014a.$0$0b.$2,000$1,200c.$2,500$1,200d.$2,000$0e.$2,500$0\begin{array}{ll}2013 & 2014\\a.\$-0-& \$-0- \\b.\$ 2,000 & \$ 1,200 \\c.\$ 2,500 & \$ 1,200 \\d.\$ 2,000 & \$-0- \\e.\$ 2,500& \$ -0- \\\end{array}

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