Listen up, r/tax! I’m DONE answering β€œHow do I report OnlyFans income?!” for the 500th time. 😩 It’s 1099-NEC, Schedule C, self-employment taxβ€”Google it or hire a CPA! πŸ§ΎπŸ’Ό

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    Posted by Specific-Sort3211

    7 Comments

    1. if you’re earning from onlyfans, it’s self-employment income. 1099-nec, schedule c, pay estimated taxes quarterly. check out irs publications for details or consult a cpa. pretty straightforward.

    2. Consistent_Reward on

      But her parents can’t ever know and they might accidentally claim her as a dependent even though she made $300,000 last year from her best guy friend answering direct messages as though he was her.

    3. But my circumstances are unique.

      What if I’m making money from NOFANS? How do I report that?

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