A New U.S Tax Deductions for TV shows and Movies
3 min readMar 22, 2021
What is the Section 168 k Film Deduction?
Until the passage of the Tax Cut and Jobs Act, tax deductions for television shows and movies were under Section 181 in the federal tax code. That has been replaced by Section 168 k, a new set of laws that provides for a 100% tax deduction for television series and feature films that are in their first year of distribution.
