1. Short title This Act may be cited as the Performing Artist Tax Parity Act of 2023 . 2. Above-the-line deduction of expenses of performing artists (a) In general Section 62(a)(2)(B) of the Internal Revenue Code of 1986 is amended— (1) by striking performing artists.— The deductions and inserting the following: performing artists.— (i) In general The deductions , and (2) by adding at the end the following new clauses: (ii) Phaseout The amount of expenses taken into account under clause (i) shall be reduced (but not below zero) by 10 percentage points for each $2,000 ($4,000 in the case of a joint return), or fraction thereof, by which the taxpayer’s gross income for the taxable year exceeds $100,000 (200 percent of such amount in the case of a joint return). (iii) Cost-of-living adjustment In the case of any taxable year beginning in a calendar year after 2023, the $100,000 amount under clause (ii) shall be increased by an amount equal to— (I) such dollar amount, multiplied by (II) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting calendar year 2022 for calendar year 2016 in subparagraph (A)(ii) thereof. If any amount after adjustment under the preceding sentence is not a multiple of $1,000, such amount shall be rounded to the nearest multiple of $1,000. . (b) Clarification regarding commission paid to performing artist’s manager or agent Section 62(a)(2)(B)(i) of such Code, as amended by subsection (a), is amended by inserting before the period at the end the following: , including any commission paid to the performing artist’s manager or agent . (c) Increase in threshold for determining nominal employers Section 62(b)(2) of such Code is amended— (1) by striking An individual and inserting the following: (A) In general An individual