Performing Artist Tax Parity Act of 2025
Sponsored By: Representative Buchanan
Introduced
Summary
Would reshape the above-the-line deduction for performing artists by adding an income phaseout and indexing key thresholds to inflation. It would also expand what counts as deductible expenses and raise the small‑employer test used in the rule.
Show full summary
- Performing artists: Would keep the current deduction framework but phase it out by 10 percentage points for every $2,000 (or $4,000 for joint returns) a performer’s gross income exceeds $100,000. The $100,000 threshold would be indexed for inflation for years after 2025.
- Managers and agents: Would explicitly allow commissions paid to an artist’s manager or agent to be included as deductible performing-artist expenses, making those fees part of the above-the-line deduction.
- Tax rules and tests: Would raise the “nominal employer” threshold from $200 to $500 and apply the same cost-of-living adjustment rule after 2025, changing which payers meet that test. The changes would apply to tax years beginning after December 31, 2024.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
New income phaseout for performing artists
This bill would phase out the performing-artist above-the-line deduction once gross income tops $100,000 ($200,000 for joint filers). For single filers the deduction would be cut by 10 percentage points for each $2,000 (or part of $2,000) over $100,000. For joint filers the cut would be 10 percentage points for each $4,000 (or part of $4,000) over $200,000. The deduction could not be reduced below zero. For taxable years after 2025 the $100,000 amount would rise with a cost-of-living adjustment using calendar year 2024 as the base and be rounded to the nearest $1,000. These rules would apply to taxable years beginning after December 31, 2024.
More deductible costs for performing artists
This bill would let performing artists deduct commissions paid to their manager or agent as above-the-line performing-artist expenses. It would also raise the 'nominal employer' dollar test from $200 to $500 for these rules. For taxable years after 2025 the $500 amount would be increased for inflation using calendar year 2024 as the base and rounded to the nearest $50. These changes would apply to taxable years beginning after December 31, 2024. It only helps artists who actually pay manager or agent commissions.
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Sponsors & CoSponsors
Sponsor
Buchanan
FL • R
Cosponsors
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 1/24/2025
Malliotakis
NY • R
Sponsored 1/24/2025
Rep. Carey, Mike [R-OH-15]
OH • R
Sponsored 1/24/2025
Rep. Lawler, Michael [R-NY-17]
NY • R
Sponsored 1/24/2025
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 1/24/2025
Rep. Sánchez, Linda T. [D-CA-38]
CA • D
Sponsored 1/24/2025
Rep. Boyle, Brendan F. [D-PA-2]
PA • D
Sponsored 1/24/2025
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 1/24/2025
Rep. Horsford, Steven [D-NV-4]
NV • D
Sponsored 1/24/2025
Rep. Doggett, Lloyd [D-TX-37]
TX • D
Sponsored 1/24/2025
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 1/24/2025
Rep. Schneider, Bradley Scott [D-IL-10]
IL • D
Sponsored 1/24/2025
Rep. Gomez, Jimmy [D-CA-34]
CA • D
Sponsored 1/24/2025
Tenney
NY • R
Sponsored 3/5/2025
Rep. Barragan, Nanette Diaz [D-CA-44]
CA • D
Sponsored 3/18/2025
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 3/18/2025
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 3/18/2025
Turner (OH)
OH • R
Sponsored 3/18/2025
Lee (FL)
FL • R
Sponsored 4/7/2025
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 4/7/2025
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 8/8/2025
Rep. Sherman, Brad [D-CA-32]
CA • D
Sponsored 9/30/2025
Rep. Magaziner, Seth [D-RI-2]
RI • D
Sponsored 10/6/2025
Rep. Goldman, Daniel S. [D-NY-10]
NY • D
Sponsored 12/1/2025
Rep. Levin, Mike [D-CA-49]
CA • D
Sponsored 12/15/2025
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 12/17/2025
Roll Call Votes
No roll call votes available for this bill.
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