Qualifying Interest on a Student Loan Can Be Written Off

question 46

True/False

Qualifying interest on a student loan can be written off as an itemized deduction.

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Definitions:

Severity Of The Harm

An assessment of the extent of damage or injury inflicted, used in determining liability and damages in legal cases.

Duty to Provide

An obligation to supply or make available what is due under the terms of a contract, law, or moral responsibility.

Reasonable Protection

Reasonable protection generally refers to the adequate measures or steps taken to safeguard individuals, property, or information from harm or damage.

Barriers

Obstacles that prevent movement, access, or progress.