OnlyFans Creator Taxes in Missouri - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Missouri?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the state of Missouri. 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 (if any) to calculate your Adjusted Gross Income (AGI) on your Form 1040.

Missouri Specific Rules: Missouri has a graduated income tax system. This means the tax rate you pay increases as your income increases. Your net profit from your OnlyFans business (after Schedule C deductions) will be added to your other income, and Missouri income tax will be calculated based on the applicable tax brackets for the 2024 tax year. You'll file Form MO-1040 to report your Missouri income tax liability. Missouri also allows for itemized deductions, which may further reduce your taxable income, but these are separate from your business expenses reported on Schedule C.

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:

• Equipment & Software: This includes the cost of 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 limitations) 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 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 a deductible 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 to learn about 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 earnings from self-employment. The good news is that you can deduct one-half of your self-employment tax from your gross income on Form 1040, which helps reduce your overall tax liability.

Closing Tip for Missouri Residents

Navigating self-employment taxes can be complex. It's highly recommended that you keep meticulous records of all your 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 Missouri. Proactive tax planning can save you money and prevent potential issues with the IRS and the Missouri Department of Revenue. Don't hesitate to seek professional guidance to ensure you're maximizing your deductions and complying with all applicable tax laws.