S. 4119: Student Loan Marriage Penalty Elimination Act of 2026

S. 4119 is a federal bill in the 119th Congress. Currently, married couples filing taxes together face a shared cap of two thousand five hundred dollars total on the student loan interest they can deduct, even if both spouses have separate student loans. Under this change, each spouse will be allowed to… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.