OnlyFans Creator Taxes in Florida - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Florida?

Yes, your income from OnlyFans is taxable, but the situation is simpler in Florida than in many other states. The IRS considers income earned through platforms like OnlyFans as self-employment income. This means you'll report your earnings on Schedule C (Profit or Loss from Business) when you file your federal income tax return (Form 1040). You are essentially running your own business as an independent contractor.

Florida-Specific Rule: Florida is one of the few states with no state income tax. This means you won't owe any state income tax on your OnlyFans earnings. However, you are still responsible for federal income tax and self-employment tax.

Top Tax Write-offs for OnlyFans Creators

As a self-employed individual, you can significantly reduce your tax liability by claiming legitimate business expenses. Here are some common deductions for OnlyFans creators:

• Equipment: This includes cameras, lighting, computers, phones, and any other equipment used directly for creating content. You can either deduct the full cost in the year of purchase (using Section 179 deduction, subject to limits) or depreciate the cost over several years.
• Software & Subscriptions: Expenses for editing software (e.g., Adobe Creative Cloud), streaming software, website hosting, OnlyFans management tools, and any other subscriptions used for your business are deductible.
• Home Office Deduction: If you use a dedicated space in your home exclusively and regularly for your OnlyFans business, you may be able to deduct a portion of your rent/mortgage, utilities, and home insurance. The calculation can be simplified using the square footage method.
• Mileage: If you drive for business purposes (e.g., to meet clients, purchase equipment), you can deduct mileage. For 2024, the standard mileage rate is approximately 67 cents per mile (always verify the official IRS rate). Keep a detailed mileage log!

The 15.3% Self-Employment Tax Surprise

Many OnlyFans creators are surprised to learn about self-employment tax. When you work for an employer, they pay 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 and 2.9% for Medicare).

You'll calculate this tax on Schedule SE (Self-Employment Tax). However, you only pay self-employment tax on 92.35% of your net profit (your earnings after deducting business expenses). The good news is you can deduct one-half of your self-employment tax from your adjusted gross income on Form 1040.

Closing Tip for Florida Residents

As a Florida resident, you benefit from the lack of state income tax. However, diligent record-keeping is crucial to maximize your deductions and minimize your federal tax liability. Consider using accounting software or working with a qualified tax professional (like myself!) to ensure you're compliant and taking advantage of all available tax benefits. Don't wait until tax season to get organized – proactive tax planning can save you significant time and money.