The "Student Loan Marriage Penalty Elimination Act of 2025" proposes to amend the Internal Revenue Code of 1986, specifically Section 221, to address the student loan interest deduction. Its primary purpose is to allow married couples to apply the existing $2,500 student loan interest deduction limitation separately to each spouse . Currently, the $2,500 deduction limit applies per tax return, meaning a married couple filing jointly can only deduct a maximum of $2,500, even if both spouses have eligible student loan interest. This bill would modify the language to ensure that the interest taken into account for a taxpayer for indebtedness incurred by an individual does not exceed $2,500, effectively allowing each spouse to claim up to $2,500. These changes, which also include conforming amendments to prevent double benefits, are slated to apply to taxable years beginning after December 31, 2024.