Year-End OnlyFans Tax Guide for Creators
December isn’t just about holiday content and bonus PPV drops. It’s also the most important month for getting your finances in order. A lot of creators don’t think about taxes until April, and by then it’s too late to make smart moves that save money.
OnlyFans income is considered self-employment income. That means taxes hit harder if you don’t plan ahead.
A little preparation in December can protect you, save you money, and set you up for a smoother 2025.
Here’s the simple, creator-friendly guide to handling your year-end taxes the right way.
1. Know exactly how much you made this year
Your income isn’t just what lands in your bank account. You need to count:
OF earnings
tips
PPV sales
renewals
subscription revenue
paid customs
earnings from apps linked to your OF funnel
Check your OF statements, messages, transferred payouts, and any side platforms you used.
This total number determines everything else.
2. Track your business expenses (they lower what you owe)
Creators forget that a big chunk of what they spend can legally be deducted.
If it helps you create content, run your page, market yourself, or stay organized, it counts.
Common deductible expenses include:
lingerie, outfits, props
lighting, backdrops, tripods
cameras and phones
makeup and hair products
WiFi
editing software
room decor and furniture used in filming
travel for content
subscription fees (Canva, editing apps, cloud storage)
laptops and electronics
agency fees
hired help
part of your rent if you film at home (home office rule)
These expenses directly lower your taxable income.
3. Save for taxes before the year ends
If this is your first high-earning year, taxes can surprise you.
A safe rule is to set aside around:
20 to 30 percent of your profit (income minus expenses)
You don’t have to pay it yet. Just move it into a separate savings account so you aren’t stressed when tax season hits.
4. Calculate your estimated quarterly taxes
Creators earning over a certain amount are expected to pay quarterly, not just in April.
The IRS wants “estimated payments” through the year, especially if:
you made consistent income
you made more as the year went on
you expect to keep growing next year
If you didn’t pay quarterlies this year, don’t panic. You can still catch up or plan better for 2025.
5. Organize everything in one simple document
You don’t need fancy software. You don’t need to be an accountant.
A basic spreadsheet can save your life in April.
Include:
total monthly earnings
monthly expenses
estimated taxes saved
purchases for content
travel details
agency or management receipts
If you organize it now, filing later becomes easy.
6. Consider forming an LLC if you haven’t already
This isn’t required, but it can help with:
separating business and personal income
cleaner bookkeeping
potential extra deductions
a more professional structure
easier future brand deals
An LLC won’t magically lower your taxes by itself, but it gives you a better foundation for future growth.
7. Back up your receipts now
Don’t wait until tax season to hunt down every Amazon order or Target purchase.
Take December to gather:
screenshots of purchases
digital receipts
email confirmations
shipping statements
Save them in a single folder labeled “2024 Taxes.”
If you get audited, this protects you.
8. Work with a tax pro familiar with adult creators
This is important. You want someone who actually understands creator income instead of someone who treats OF like a traditional W-2 job.
A good tax professional can:
maximize your deductions
prevent overpaying
set up smarter systems
help with quarterlies
give advice tailored to your situation
The money you spend on tax help often comes back to you in savings.
December is your tax reset button
If you take a few hours this month to organize, deduct correctly, save intentionally, and get everything in one place, tax season becomes easy instead of stressful.
Creators who treat December as their “financial cleanup month” enter the new year confident and prepared.
Creators who ignore it… usually regret it in April.
If you want help organizing your books, creating a deduction checklist, or planning your business setup for 2025, Celestix Agency can guide you through the process and help you keep more of what you earn.
