Summary: H.R.1070 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.1070. Bill summaries are authored by CRS.

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Introduced in House (02/07/2019)

Student Loan Interest Tax Deduction Expansion Act

This bill modifies the tax deduction for interest on qualified education loans to increase (1) the dollar limitation on the deduction to $7,500 ($15,000 in the case of a joint return), and (2) the limitation on modified adjusted gross income to $100,000 (twice the amount in the case of a joint return).