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Get your taxes done using TurboTax
You would report your Only Fans income as Self-Employment Income, and you can deduct expenses against this income (internet, cell phone, for instance).
Open your return and type Schedule C in the Search box. Select the Jump to link. This will take you to where you can enter any cash, personal checks, credit card payments, or cryptocurrency related to your self-employment.
You may first be asked some general questions about your business. After you answer them, you’ll be taken to the Let's enter the income for your work screen. Select Other self-employed income and provide all necessary information.
Click this link for more info on Reporting Self Employment Income .
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January 5, 2022
6:20 PM
1,267 Views