arrow_back Back to App

Tax relief for artists: higher expense deductions and income thresholds.

This act amends tax laws to make it easier for performing artists to deduct work-related expenses. It increases the income limit above which deductions are phased out and raises the threshold for nominal employers. This aims to reduce financial burdens for artists and their managers.
Key points
Performing artists can deduct more work-related expenses, including manager commissions, from their gross income.
The income threshold for phasing out deductions has been increased, allowing more artists to benefit from full tax relief.
The minimum employer payment threshold has been raised, making it easier to qualify for deductions, especially for artists with multiple small employers.
These changes apply to tax years beginning after December 31, 2020.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_2872
Sponsor: Sen. Warner, Mark R. [D-VA]
Process start date: 2021-09-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Performing Artist Tax Parity Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2872.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-09-28.

What are the main provisions?

Key points include:

  • Performing artists can deduct more work-related expenses, including manager commissions, from their gross income.
  • The income threshold for phasing out deductions has been increased, allowing more artists to benefit from full tax relief.
  • The minimum employer payment threshold has been raised, making it easier to qualify for deductions, especially for artists with multiple small employers.
  • These changes apply to tax years beginning after December 31, 2020.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Warner, Mark R. [D-VA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Media and Culture