In 2010 Through 2013,Rory Borrowed a Total of $30,000 for Higher

question 96

Multiple Choice

In 2010 through 2013,Rory borrowed a total of $30,000 for higher education expenses on qualified education loans.In 2014,while still living at home and being claimed by his parents as a dependent,he began making payments on the loan.The first year interest on the loan was reported as $1,750.The amount that Rory can claim on his tax return is:

• A)$ 0.
• B)$1,500.
• C)$1,750.
• D).$2,500.

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