OnlyFans Creator Taxes in Indiana - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Indiana?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the state of Indiana. 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.

Indiana Specific Rules (Flat Income Tax): Indiana has a flat income tax rate for 2024. As of this writing, that rate is 3.15%. You will calculate your Indiana adjusted gross income (AGI) and apply this flat rate to determine your Indiana income tax liability. You’ll report your federal AGI on Indiana Form IT-1040. Because Indiana has a flat tax, the impact of your OnlyFans income is directly proportional to the amount of net profit you report – higher profit means higher tax, without the tiered brackets seen in some states.

Top Tax Write-offs for OnlyFans Creators

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

• Software & Subscriptions: Costs for editing software (photo/video), streaming software, scheduling tools, and any subscription services used specifically for your OnlyFans business are deductible.
• Equipment: This includes cameras, lighting, computers, phones, and other equipment used to create 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.
• Mileage: If you drive for business purposes (e.g., to meet with collaborators, purchase equipment), you can deduct mileage. For 2024, the standard mileage rate is 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, so ensure you meet the requirements.

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 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. This adjustment accounts for the employer portion you're effectively paying yourself. You do get to deduct one-half of your self-employment tax from your gross income on Form 1040, which helps reduce your overall tax burden.

Closing Tip for Indiana 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 headaches during filing season. Don't hesitate to reach out if you have further questions specific to your situation – I'm here to help you maximize your deductions and ensure you're compliant with both federal and Indiana tax laws.