Danielle graduated from State University in 2017. She paid $2,700 of interest during 2018 on her qualified educational loan. The full amount is deductible.

Name: Danielle graduated from State University in 2017. She paid $2,700 of interest during 2018 on her qualified educational loan. The full amount is deductible.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The maximum deduction for student loan interest (as of the last update) is $2,500 per year, not the full $2,700 that Danielle paid.

Danielle Graduated from State University in 2017