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OnlyFans Schedule C Question/Deductions
I am new to Onlyfans and have received my 2021 1099-NEC. The amount shown on the 1099-NEC is my net earnings, not my gross (since Onlyfans charges a 20% fee). Could someone please clarify which "category" (when going through the business expense step-by-step) I would add the 20% fee Onlyfans took, so I can receive credit for it? Also, would all of the equipment, clothing, etc I purchased fall under the "supply" category? Thank you in advance for your help.
‎February 13, 2022
12:40 PM