Does onlyfans send you a 1099 Learn exactly when it arrives, how to download it, and avoid tax filing blunders Learn when to expect this tax form, how to report your earnings, and tips for managing taxes as a creator.
OnlyFans and Taxes: What Creators Need to Know
A 1099 form is a tax document issued to independent contractors who earn at least $600 from a company within a tax year
Even if you don’t receive a 1099 from onlyfans, you are still required to report your earnings to the irs.
You should report the gross income, not the net income The gross income will match a 1099, and will help avoid a tax notice Report the expenses to get down to the net income separately Would hate for op to receive a letter from the irs at her house saying something like we think you forgot to include some onlyfans income on your tax return.
When to expect your 1099 A guide for onlyfans creators navigating tax season Confused about your onlyfans 1099
