Establishes a personal income tax deduction for the interest paid on student loans by individual taxpayers having a federal adjusted income of between $65,000 and $125,000, and married taxpayers filing jointly having a federal adjusted income of between $130,000 and $250,000.
Allows a deduction from federal adjusted gross income for interest payments on outstanding student loans.
Allows a deduction from federal adjusted gross income for interest payments on outstanding student loans.
Reducing federal adjusted gross income for interest paid on student loans
Reducing federal adjusted gross income for interest paid on student loans
Personal Income Tax Law: deduction from gross income: car loan interest payments.
Provides gross income tax deductions for certain education loan payments made by certain taxpayers.
Provides gross income tax deductions for certain education loan payments made by certain taxpayers.
Provides gross income tax deductions for certain education loan payments made by certain taxpayers.
Amends the college tuition credit; eliminates the credit for taxpayers whose adjusted gross income is over $15,000,000; sets a sliding scale.