OnlyFans Creator Taxes in Nebraska - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Nebraska?

Yes, absolutely. Income earned through OnlyFans is considered taxable income by both the federal government and the State of Nebraska. As an OnlyFans creator, you are generally considered self-employed by the IRS and Nebraska Department of Revenue. This means you’re responsible for reporting your earnings and paying all applicable taxes.

Federal Requirements (Schedule C): Federally, you will report your OnlyFans income and expenses on Schedule C (Profit or Loss From Business) as part of your Form 1040. This form calculates your net profit (income minus expenses). It’s crucial to keep detailed records of all income received and all business expenses paid.

Nebraska Specific Rules: Nebraska has a graduated income tax system. This means the tax rate you pay increases as your income increases. Your net profit from Schedule C will be added to your other income (if any) and taxed according to the Nebraska income tax brackets for the 2024 tax year (filing in 2025). You’ll use Nebraska Form 1040N to calculate your state income tax liability. Nebraska also allows for itemized deductions, which may further reduce your taxable income, but the standard deduction is often more beneficial.

Top Tax Write-offs for OnlyFans Creators

Maximizing your deductions is key to minimizing your tax bill. Here are some common write-offs 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 either deduct the full cost in the year of purchase (Section 179 deduction, subject to limits) or depreciate the asset over its useful life.
• 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 based on square footage.
• 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 & Service Fees: Fees paid to OnlyFans themselves are deductible as a 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

Because you're self-employed, you're responsible for both the employer and employee portions of Social Security and Medicare taxes. This combined tax is 15.3% (12.4% for Social Security and 2.9% for Medicare) on your net earnings. However, you only pay self-employment tax on earnings over $400.

You’ll calculate this tax on Schedule SE (Self-Employment Tax) and include it with your Form 1040. The good news is that you can deduct one-half of your self-employment tax from your gross income, which can lower your overall tax liability.

Closing Tip for Nebraska Residents

Navigating self-employment taxes can be complex. I strongly recommend keeping meticulous records of all 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 Nebraska. Proactive tax planning can save you significant time, money, and stress when it comes time to file your 2024 taxes in 2025. Don't hesitate to reach out if you have further questions!