OnlyFans Creator Taxes in Washington - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is OnlyFans Creator income taxable in Washington?

Yes, your income from OnlyFans is absolutely taxable, even though Washington State doesn't have a traditional income tax. The federal government considers income earned through OnlyFans as self-employment income. This means you'll report your earnings on a Schedule C (Profit or Loss from Business) attached to your Form 1040 when you file your federal taxes in 2025 for the 2024 tax year.

Federal Requirements (Schedule C): You'll report all revenue received through OnlyFans as gross income on Schedule C. You can then deduct business expenses (detailed in the next section) to arrive at your net profit. This net profit is then transferred to your Form 1040 and is subject to federal income tax.

Washington State Specifics: Washington State does not have a state income tax. However, be aware of Washington’s 7% capital gains tax on profits exceeding $250,000. While most OnlyFans income isn't typically considered capital gains, if you've sold assets related to your OnlyFans business (e.g., cryptocurrency held as an investment, equipment at a profit), this tax could apply. It's crucial to understand the specifics of the capital gains tax and whether your transactions qualify. Consult with a tax professional if you've had such sales.

Top Tax Write-offs for OnlyFans Creators

• Equipment & Software: Expenses for cameras, lighting, computers, editing software (like Adobe Creative Cloud), and any other equipment specifically and regularly used for creating OnlyFans content are deductible. This includes the cost of the items themselves, or if you finance them, the depreciation expense.
• Home Office Deduction: If you use a dedicated space in your home exclusively and regularly for your OnlyFans business (e.g., a room for filming, editing, or managing your account), you may be able to deduct a portion of your home expenses like rent/mortgage interest, utilities, and homeowner's insurance. The deduction is based on the percentage of your home used for business.
• Mileage: Travel related to your OnlyFans business is deductible. This includes trips to purchase equipment, meet with collaborators, or attend relevant events. For 2024, the standard mileage rate is approximately 67 cents per mile (verify the official IRS rate at IRS.gov). Keep a detailed mileage log!
• Subscription & Service Fees: Fees paid to OnlyFans itself, as well as costs for other services used to manage your business (e.g., scheduling tools, virtual assistants, marketing services) are deductible business expenses.

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 from Schedule C exceeding $400. You'll calculate this tax on Schedule SE (Self-Employment Tax) and include it with your Form 1040. Don't be alarmed when you see this amount – it's a normal part of being self-employed! 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 Washington Residents

Navigating taxes as an OnlyFans creator can be complex. While Washington State offers the benefit of no state income tax, the federal requirements and potential capital gains tax implications require careful attention. 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 specializing in self-employment income to ensure you're maximizing your deductions and complying with all applicable tax laws. Proactive tax planning can save you significant stress and money in the long run.