Shellie, a Single Individual, Received Her Bachelor's Degree in 2018

question 31

Multiple Choice

Shellie, a single individual, received her Bachelor's degree in 2018, and took a job with a salary of $45,000 per year. In 2019, she paid $1,500 of interest on qualified education loans. Which of the following statements is correct?

• A)The full $1,500 is deductible in arriving at adjusted gross income (AGI).
• B)If her payment had been $3,000, only $2,000 would have been deductible in arriving at AGI and the $1,000 excess would have been treated as nondeductible consumer interest.
• C)If her income had been $65,000, the deductible amount would have been phased out.
• D)Taxpayers are not allowed a deduction for education loan interest in 2019.

---

Definitions:

Beliefs

The acceptance that something exists or is true, especially without proof.

Client Type

This term describes the categorization of clients based on certain characteristics or therapeutic needs, which can guide the approach and techniques used in therapy.

Games

Structured forms of play or competitive activities, typically undertaken for entertainment but can also be used in educational or therapeutic settings.

Life Position

A concept within Transactional Analysis referring to one's basic beliefs about self and others, which influences behavior and interactions.