H.R. 1070 · 116th Congress
Student Loan Interest Tax Deduction Expansion Act
- Stage
- In committee
- Sponsor
- David Cicilline
- Introduced
- 2019-02-07
- Latest action
- 2019-02-07 · Introduced in House
Summary
Student Loan Interest Tax Deduction Expansion Act
This bill modifies the tax deduction for interest on qualified education loans to increase (1) the dollar limitation on the deduction to $7,500 ($15,000 in the case of a joint return), and (2) the limitation on modified adjusted gross income to $100,000 (twice the amount in the case of a joint return).