To amend the Internal Revenue Code of 1986 to increase the adjusted gross income limitation for above-the-line deduction of expenses of performing artist employees, and for other purposes.
Performing Artist Tax Parity Act of 2019
This bill amends the Internal Revenue Code, with respect to the above-the-line deduction of expenses of performing artist employees, to increase to $100,000 ($200,000 for joint returns) the adjusted gross income limitation for calculating the phaseout of the deduction. The increased amount is adjusted for inflation for taxable years beginning after 2019.
Read twice and referred to the Committee on Finance.
Referred to the Subcommittee on Economic Opportunity.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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