OnlyFans Creator Taxes in Montana - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Montana?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the state of Montana. 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: You’ll report your OnlyFans income (minus allowable business expenses – see section 2) on Schedule C. This determines your net profit or loss. That net profit is then added to your other income (if any) on Form 1040 to calculate your Adjusted Gross Income (AGI).

Montana Specific Rules: Montana has a graduated income tax system. This means the tax rate you pay increases as your income increases. Your net profit from your Schedule C will be included in your Montana taxable income, and taxed according to the current Montana tax brackets. You'll file Form 2, Montana Individual Income Tax Return, to calculate your Montana income tax liability. Montana also allows for itemized deductions similar to the federal level, which could further reduce your tax burden. Be sure to check the Montana Department of Revenue website for the most up-to-date tax brackets and forms: https://revenue.mt.gov/

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 & Software: Expenses for cameras, lighting, computers, editing software (like Adobe Creative Cloud), and any other equipment used directly for creating content are deductible. You can often deduct the full cost in the year of purchase (Section 179 deduction) up to certain limits, or depreciate the cost over several years.
• Home Office Deduction: If you use a portion of your home exclusively and regularly for your OnlyFans business (e.g., a dedicated room for filming/editing), you may be able to deduct a portion of your mortgage interest or rent, utilities, and home insurance. The IRS has a simplified method for calculating this deduction as well.
• Mileage: If you drive for business purposes (e.g., to purchase equipment, attend networking events, or meet with clients), 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 & 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 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 Schedule C. 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 Montana Residents

Navigating self-employment taxes can be complex. I strongly recommend keeping meticulous records of all your income and expenses throughout the year. Consider using accounting software designed for freelancers or consulting with a qualified tax professional (like myself!) who understands the unique challenges faced by OnlyFans creators in Montana. Proactive tax planning can save you money and stress come tax season. Don't hesitate to reach out if you have further questions or would like assistance with your tax preparation.