HR 5863 · 116th Congress · Taxation
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.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2020-02-12)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
4 Democrats16 Republicans