Performing Artist Tax Parity Act of 2025

This bill changes the rules for how performing artists can deduct their work-related business expenses from their income when filing taxes. Currently, performing artists can only use this deduction if they earn $16,000 or less per year, but the bill removes that cap and instead lets artists earning up to $100,000 (or $200,000 for married couples filing together) take the full deduction, with the deduction gradually disappearing for those earning more than that. The bill also raises the minimum amount an artist must earn from each employer from $200 to $500 and says that fees paid to agents or managers count as deductible business expenses.

Your Vote