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Form 1040
The routine IRS document prepared by individuals to declare their income for the tax year on an annual basis.
Qualified Education Loan
A loan taken out solely to pay qualified higher education expenses for the borrower, the borrower's spouse, or the borrower's dependent.
Qualified Education Expenses
Expenses required for enrollment or attendance at an educational institution, including tuition, fees, and course-related costs.
Taxpayer's Spouse
The legally married partner of a taxpayer, who may be considered for joint tax filing status and benefits.
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