What is the current status of HR 3285?

HR 3285 is currently: Introduced.

Who sponsored HR 3285?

HR 3285 was sponsored by Glenn Grothman (R), Rep.

Student Loan Interest Deduction Bill

IntroducedMay 8, 2025

Introduced1 year ago

Intro

House

Senate

Pres

Introduced in House

Taxation

Why This Matters

This bill changes how married couples can deduct student loan interest on their taxes, allowing them to do so separately. This could help couples save more money on their tax returns if they both have student loans.

If you are married and have student loans, you could save more on your taxes.

Who this affects

Married couples · Student loan borrowers

What changes is this bill making?

1This bill allows married couples to claim student loan interest deductions separately.
2Each spouse can deduct up to $2,500 of student loan interest from their taxes.
3The changes apply to tax years starting after December 31, 2024.
4The bill aims to eliminate the tax penalty that affects married couples with student loans.
5No double deductions are allowed for the same interest amount.

Read full document

Last changed 5 months ago · checked hourly

Student Loan Interest Deduction Bill

IntroducedMay 8, 2025

Introduced1 year ago

Intro

House

Senate

Pres

Introduced in House

Taxation

Why This Matters

If you are married and have student loans, you could save more on your taxes.

Who this affects

Married couples · Student loan borrowers

What changes is this bill making?

1This bill allows married couples to claim student loan interest deductions separately.
2Each spouse can deduct up to $2,500 of student loan interest from their taxes.
3The changes apply to tax years starting after December 31, 2024.
4The bill aims to eliminate the tax penalty that affects married couples with student loans.
5No double deductions are allowed for the same interest amount.

Read full document

Last changed 5 months ago · checked hourly