OnlyFans Creator Taxes in Connecticut - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Connecticut?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the State of Connecticut. As an OnlyFans creator, you are generally considered self-employed by the IRS, and your earnings are subject to both income tax and self-employment tax.

Federal Requirements (Schedule C): You will report your OnlyFans income and expenses on Schedule C (Profit or Loss From Business) when you file your federal income tax return (Form 1040). This form calculates your net profit (income minus expenses), which is then factored into your Adjusted Gross Income (AGI). It's crucial to keep meticulous records of all income received and expenses paid related to your OnlyFans business.

Connecticut Specific Rules: Connecticut has a graduated income tax system. This means the tax rate you pay increases as your income increases. Your net profit from Schedule C will be added to your other income (if any) to determine your Connecticut taxable income. Connecticut then applies its tax brackets to calculate your state income tax liability. You'll file Form CT-1040 to report your Connecticut income tax. The rates change annually, so be sure to check the current Connecticut Department of Revenue Services (DRS) website for the 2024 tax year rates when filing in 2025.

Top Tax Write-offs for OnlyFans Creators

Maximizing your deductions is key to minimizing your tax liability. Here are some common write-offs for OnlyFans creators:

• Equipment & Software: Expenses for cameras, lighting, computers, editing software (like Adobe Creative Cloud), and any other equipment used directly in creating your content are deductible. You can often deduct the full cost in the year of purchase (Section 179 deduction) or depreciate the cost over several years.
• Home Office Deduction: If you use a portion of your home exclusively and regularly for your OnlyFans business (e.g., a dedicated room for filming/editing), you may be able to deduct a portion of your mortgage interest or rent, utilities, and home insurance. The IRS has specific rules for this, so ensure you meet the requirements.
• Mileage: If you drive for business purposes (e.g., to purchase equipment, attend networking events, or meet with clients), you can deduct the business portion of your mileage. For 2024, the standard mileage rate is approximately 67 cents per mile. Keep a detailed mileage log!
• Subscription & Service Fees: Fees paid to OnlyFans themselves are deductible as a business expense. Also, costs for any other services used to manage your business (e.g., scheduling tools, virtual assistants) are deductible.

The 15.3% Self-Employment Tax Surprise

Many self-employed individuals are surprised by self-employment tax. When you're an employee, your employer pays half of your Social Security and Medicare taxes. As a self-employed individual, you're responsible for both the employer and employee portions, totaling 15.3% (12.4% for Social Security up to the annual wage base, and 2.9% for Medicare).

You'll calculate this tax on Schedule SE (Self-Employment Tax). The good news is you can deduct one-half of your self-employment tax from your gross income when calculating your AGI on Form 1040, which helps reduce your overall tax burden.

Closing Tip for Connecticut Residents

Navigating self-employment taxes can be complex. I strongly recommend keeping detailed records of all income and expenses throughout the year. Consider using accounting software or working with a qualified tax professional (like myself!) who understands the unique challenges faced by OnlyFans creators in Connecticut. Proactive tax planning can save you significant money and stress when it's time to file. Don't hesitate to reach out if you have further questions – I'm here to help you maximize your deductions and ensure you're compliant with both federal and Connecticut tax laws.