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H.R. 4726

Student Loan Interest Deduction Act of 2021

Student Loan Interest Deduction Act of 2021

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.

Referred to the House Committee on Ways and Means.

Rep. Swalwell, Eric [D-CA-15](D-CA)Sponsor
1committees3actions4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Student Loan Interest Deduction Act of 2021 — Informed