H.R.3098: Student Loan Interest Deduction Act of 2019

Overview

Student Loan Interest Deduction Act of 2019 This bill modifies the tax deduction for student loan interest to (1) increase the maximum 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 the deduction based upon modified adjusted gross income.

Our Stance

Watching

Priority

Medium

Bill Number

H.R.3098

Date Introduced

June 04, 2019

Committee

House Ways and Means Committee

Bill Status

Introduced or Prefiled