HR3285119th CongressWALLET

Student Loan Marriage Penalty Elimination Act of 2025

Sponsored By: Representative Grothman

Introduced

Summary

Applies the student loan interest deduction limit separately to each spouse. The bill would let each spouse count up to $2,500 of student loan interest for the deduction and adds a rule to prevent claiming the same interest under another tax provision.

Show full summary
  • Married couples: Each spouse would be able to deduct up to $2,500 of student loan interest on their own tax calculation. This helps households where both partners have student debt.
  • Tax filers: The bill adds a "denial of double benefit" rule so the same interest cannot be deducted under more than one tax provision.
  • Timing: The change would apply to taxable years beginning after December 31, 2024.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Separate $2,500 student loan deduction per spouse

This bill would change the student loan interest deduction. You could deduct up to $2,500 of interest for yourself each year. If married, your spouse could also deduct up to $2,500. The cap would apply separately to each spouse. You could not also claim the same interest under another tax rule. These changes would apply to tax years starting after December 31, 2024.

Sponsors & CoSponsors

Sponsor

Grothman

WI • R

Cosponsors

  • Davis (IL)

    IL • D

    Sponsored 5/8/2025

  • Larson (CT)

    CT • D

    Sponsored 5/8/2025

  • McCormick

    GA • R

    Sponsored 5/8/2025

  • Mullin

    CA • D

    Sponsored 5/8/2025

  • Rouzer

    NC • R

    Sponsored 5/8/2025

  • Rulli

    OH • R

    Sponsored 5/8/2025

  • Neguse

    CO • D

    Sponsored 5/9/2025

  • Carbajal

    CA • D

    Sponsored 5/13/2025

  • Lawler

    NY • R

    Sponsored 5/13/2025

  • Hageman

    WY • R

    Sponsored 5/20/2025

  • Downing

    MT • R

    Sponsored 6/3/2025

  • Vindman

    VA • D

    Sponsored 9/9/2025

  • Harder (CA)

    CA • D

    Sponsored 10/10/2025

  • Miller (IL)

    IL • R

    Sponsored 5/8/2025

  • DelBene

    WA • D

    Sponsored 5/8/2025

  • Clyde

    GA • R

    Sponsored 5/8/2025

Roll Call Votes

No roll call votes available for this bill.

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