OnlyFans Creator Taxes in Hawaii - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Hawaii?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the State of Hawaii. As an OnlyFans creator, you are generally considered self-employed by the IRS. This means you'll report your earnings and expenses on a Schedule C (Profit or Loss from Business) and file it with your Form 1040.

Federal Requirements: The IRS treats OnlyFans income as self-employment income. You'll calculate your net profit (income minus expenses) on Schedule C. This net profit is then added to your other income when calculating your Adjusted Gross Income (AGI) on Form 1040.

Hawaii Specific Rules: Hawaii has a graduated income tax system, meaning the tax rate you pay increases as your income increases. Your federal AGI is the starting point for calculating your Hawaii taxable income. Hawaii also has its own form (Form N-11) for calculating your state income tax liability. You'll need to factor in any Hawaii-specific deductions or credits available to you. Hawaii's tax brackets for 2024 (filing in 2025) will determine your state tax rate. It's crucial to consult the Hawaii Department of Taxation website (https://tax.hawaii.gov/) for the most up-to-date bracket information.

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:

• Software & Subscriptions: Costs for editing software (photo/video), streaming software, scheduling tools, and OnlyFans management platforms are deductible.
• Equipment: Expenses for cameras, lighting, computers, phones (portion used for business), and other equipment used to create content are deductible. If the item has a useful life of more than one year, you may need to depreciate it over several years.
• 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. Keep a detailed mileage log!
• Home Office Deduction: If you use a portion of your home exclusively and regularly for your OnlyFans business, you may be able to deduct expenses related to that space (rent/mortgage interest, utilities, etc.). The IRS has specific rules for this deduction, so ensure you meet the requirements.

The 15.3% Self-Employment Tax Surprise

Many self-employed individuals are surprised by self-employment tax. This is because, as 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.

You'll calculate this on Schedule SE (Self-Employment Tax). The combined rate is 15.3% (12.4% for Social Security up to the annual wage base, and 2.9% for Medicare). You only pay self-employment tax on profits over $400. The good news is you can deduct one-half of your self-employment tax from your gross income on Form 1040, which reduces your overall tax liability.

Closing Tip for Hawaii Residents

Navigating taxes as an OnlyFans creator can be complex, especially with Hawaii's state income tax requirements. I strongly recommend keeping meticulous 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 content creators. Proactive tax planning can save you significant time, money, and stress when filing time rolls around. Aloha and best of luck with your business!