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H.R. 4750

Performing Artist Tax Parity Act of 2021

Performing Artist Tax Parity Act of 2021

This bill modifies the tax deduction for the expenses of performing artists (including commissions paid to managers or agents) to provide for a phaseout of such deduction for taxpayers whose adjusted gross income exceeds $100,000 ($200,000 for joint return filers). The $100,000 phaseout threshold is adjusted for inflation annually for taxable years beginning after 2021.

Referred to the House Committee on Ways and Means.

Rep. Chu, Judy [D-CA-27](D-CA)Sponsor
92 cosponsors80 D12 R
92cosponsors1committees3actions1related bills
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Performing Artist Tax Parity Act of 2021 — Informed