H.R. 5863 · 116th Congress
To amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes.
- Stage
- In committee
- Sponsor
- Vicky Hartzler
- Introduced
- 2020-02-12
- Latest action
- 2020-02-12 · Introduced in House
Summary
This bill revises the tax deduction for interest on education loans to provide that the $2,500 limitation on such deduction shall apply separately to each taxpayer claiming the deduction.