OnlyFans Creator Taxes in Nevada - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Nevada?

Yes, your income from OnlyFans is taxable, but the situation is simpler in Nevada than in most states. The IRS considers income earned through platforms like OnlyFans as self-employment income. This means you're essentially running your own business, even if it's a solo operation.

Federal Requirements: You will report your OnlyFans income on Schedule C (Profit or Loss from Business) as part of your Form 1040. This form details your earnings and allows you to deduct business expenses (more on that below). You'll calculate your net profit (income minus expenses) on Schedule C, and that net profit is then transferred to your Form 1040 to be taxed as income.

Nevada Specific Rules: Great news! Nevada is one of the few states in the US with no state income tax. This means you won't need to file a state income tax return or pay state income tax on your OnlyFans earnings. However, this only applies to income tax. You are still responsible for federal taxes.

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:

• Software & Subscriptions: Costs for editing software (photo/video), streaming tools, scheduling apps, and any subscription services used specifically for your OnlyFans business are deductible.
• Equipment: Cameras, lighting, backdrops, computers, phones (portion used for business), and other equipment used to create content are deductible. For expensive items, you may need to depreciate the cost over several years.
• Mileage: If you drive for business purposes (e.g., to purchase equipment, attend networking events, or for off-site content creation), you can deduct mileage. For 2024, the standard mileage rate is 67 cents per mile (verify the final official rate from the IRS). Keep a detailed mileage log!
• 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, etc.). There are specific rules and calculations for this deduction.

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). The good news is you only pay self-employment tax on 92.35% of your net profit from Schedule C. Also, you don't pay Social Security tax on earnings above a certain limit (for 2024, it's $168,600). You do pay Medicare tax on all earnings.

Closing Tip for Nevada Residents

While Nevada's lack of state income tax is a benefit, don't underestimate your federal tax obligations as an OnlyFans creator. Meticulous record-keeping is crucial – track all income and expenses throughout the year. Consider using accounting software or working with a qualified tax professional (like myself!) to ensure you're maximizing your deductions and complying with all IRS regulations. Proactive tax planning can save you significant money and stress come tax season.