OnlyFans Creator Taxes in Idaho - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Idaho?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the state of Idaho. 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 (Schedule C): You'll report all income received through OnlyFans as business income on Schedule C. You'll then deduct all allowable business expenses (more on those below) to arrive at your net profit. This net profit is then added to your other income when calculating your adjusted gross income (AGI) on Form 1040.

Idaho Specific Rules: Idaho has a flat income tax rate. For 2024, the rate is 5.8%. Your taxable income (after deductions) will be multiplied by this rate to determine your Idaho state income tax liability. Idaho also requires you to report your federal AGI as a starting point for calculating your state income tax. You'll file Form 40 with the Idaho State Tax Commission.

Top Tax Write-offs for OnlyFans Creators

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

• Equipment & Software: This includes cameras, lighting, computers, editing software (like Adobe Creative Cloud), and any other tools directly used to create your 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.
• 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 home-related expenses (rent/mortgage interest, utilities, insurance, etc.). The deduction is based on the percentage of your home used for business.
• Mileage: If you drive for business purposes (e.g., to meet with clients, purchase equipment, attend relevant events), you can deduct mileage. For 2024, the standard mileage rate is 67 cents per mile. Keep a detailed log of your business miles.
• Subscription & Membership Fees: Costs associated with platforms or services used to manage your OnlyFans business, such as scheduling tools, marketing services, or financial management software, are generally 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 on Form 1040, which helps reduce your overall tax liability. Remember, self-employment tax applies to net earnings over $400.

Closing Tip for Idaho Residents

Navigating taxes as an OnlyFans creator can be complex. It's highly recommended to keep 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 money and prevent potential issues with the IRS and the Idaho State Tax Commission. Don't hesitate to seek professional guidance to ensure you're maximizing your deductions and complying with all applicable tax laws.