Victor Is Single and Graduated from Wabash College in May

question 20

Multiple Choice

Victor is single and graduated from Wabash College in May of 2012.In January of 2013,he begins to repay his student loans.During the year he pays $1,500 of interest on the loans.His adjusted gross income for the year is $65,000.Victor can deduct student loan interest of

• A)$ - 0 -
• B)$ 800
• C)$1,000
• D)$1,200
• E)$1,500

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Definitions:

Epiphyseal Lines

The remnants of growth plates in long bones, indicating where bone lengthening occurred.

Articular Cartilage

The smooth, white tissue that covers the ends of bones where they come together to form joints, enabling smooth movement and absorbing shocks.

Epiphyseal Plate

A layer of hyaline cartilage where growth in length of the long bones occurs.

Zone of Proliferation

A region in growing bone where cartilage cells are produced and divide, contributing to bone lengthening.