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Student Loan Interest Deduction Relief for Married Couples

This act aims to simplify student loan interest deductions for married couples. Each spouse will be able to claim the deduction separately, potentially reducing their combined tax burden. These changes will take effect for tax years beginning after December 31, 2024.
Key points
Married couples can now separately deduct student loan interest, potentially leading to greater tax savings.
The maximum student loan interest deduction remains at $2,500 per individual.
The act prevents claiming the same interest deduction under multiple tax provisions.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_3285
Sponsor: Rep. Grothman, Glenn [R-WI-6]
Process start date: 2025-05-08
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Student Loan Marriage Penalty Elimination Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3285.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-08.

What are the main provisions?

Key points include:

  • Married couples can now separately deduct student loan interest, potentially leading to greater tax savings.
  • The maximum student loan interest deduction remains at $2,500 per individual.
  • The act prevents claiming the same interest deduction under multiple tax provisions.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Grothman, Glenn [R-WI-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Education Family