S. 1121In Committee
Performing Artist Tax Parity Act of 2025
Increases and updates the above-the-line tax deduction for qualified performing artists by expanding income eligibility, adding a phaseout, and allowing manager or agent commissions as deductible expenses
Plain-English overview
What this bill does
Increases and updates the above-the-line tax deduction for qualified performing artists by expanding income eligibility, adding a phaseout, and allowing manager or agent commissions as deductible expenses
Key points
- Modify performing artist deduction rules
- Allow manager and agent commissions
- Increase income thresholds and payment minimum
Current status
Where it stands
Status
In Committee
Latest action
2025-03-25 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
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