The Maximum Amount of the Deduction for Student Loan Interest

question 95

Multiple Choice

The maximum amount of the deduction for student loan interest for an eligible taxpayer is limited in the 2017 tax year to:

• A)$1,500.
• B)$2,000.
• C)$2,350.
• D)$2,500.

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Definitions:

Schizophrenia

A chronic psychiatric condition characterized by a disruption in the connection between cognition, affect, and conduct, resulting in incorrect perceptions, unsuitable behaviors, and emotions.

Schizoaffective Disorder

A mental health condition characterized by a mix of schizophrenia symptoms such as hallucinations or delusions, and mood disorder symptoms, like depression or mania.

Mood Disorder

A category of mental disorders characterized by persistent disturbances in mood or emotional state.

Sociocultural Explanations

An approach to understanding human behavior and personality development by examining the influence of societal and cultural factors.