H.R. 5508 · 113th Congress
Student Loan Interest Deduction Fairness Act
- Stage
- In committee
- Sponsor
- Mark Pocan
- Introduced
- 2014-09-17
- Latest action
- 2014-09-17 · Introduced in House
Summary
Student Loan Interest Deduction Fairness Act - Amends the Internal Revenue Code to increase the dollar limitation for the tax deduction for education loan interest to $5,000 in a taxable year for married couples filing joint tax returns (thus eliminating the tax effect known as the marriage penalty).