H.R. 509 · 114th Congress
Student Loan Interest Deduction Act of 2015
- Stage
- In committee
- Sponsor
- Charlie Rangel
- Introduced
- 2015-01-22
- Latest action
- 2015-01-22 · Introduced in House
Summary
Student Loan Interest Deduction Act of 2015
Amends the Internal Revenue Code to: (1) increase the maximum tax deduction for interest paid on any qualified education loan to $5,000 ($10,000 for married couples filing a joint tax return), and (2) repeal the limitation on such deduction based upon modified adjusted gross income.