H.R. 3121 · 116th Congress
Performing Artist Tax Parity Act of 2019
- Stage
- In committee
- Sponsor
- Judy Chu
- Introduced
- 2019-06-05
- Latest action
- 2019-06-05 · Introduced in House
Summary
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.