When does OnlyFans send 1099s? (updated for 2025)

Wondering when you'll receive your 1099 form from OnlyFans? Not sure how to navigate tax season? Don't worry, creators, we've got you covered! Whether you're experienced in the field or just starting out in content creation lets delve into the specifics of 1099s and make sure you're all set to tackle tax season like a pro.

What is a 1099?

A 1099 form is used in the US to report income other than regular wages, salaries, and tips. It documents earnings from freelance work, contracts or interest from investments.

The purpose of the 1099 is to ensure that individuals and businesses accurately disclose all income to the IRS.

Are you eligible for 1099s?

If you're an OnlyFans creator based in the USA, your income is subject to self-employment tax, which means dealing with the 1099 form. OnlyFans will send you this document every year by January 31st.

How do you ensure a trouble-free tax file? Let’s dive into the details of your 1099 eligibility.

Earning threshold for 1099s

According to the IRS, when you earn more than $600 from selling goods or services, you’ll receive a 1099-K form to report your income for the year.  It's important to note that all earnings, regardless of the amount, are subject to taxation. Even if you don't reach the $600 threshold, you still have to report your income on your tax return.

For more detailed information on the $600 threshold, refer to the OnlyFans community guidelines.

Resident vs. non-resident creators

The 1099 form is tailored specifically for workers in the United States. For example, if you're a UK citizen working in China, you won't need a 1099, but it's essential if you're an American contractor stationed in China.  Non-US taxpayers should comply with their country’s tax regulations.

Hobby vs. business income

If you're not sure if your OnlyFans activity is a business or a hobby, the IRS provides guidelines to help you classify it. 

Here are some key indicators:

• Treating your OnlyFans account as a business involves actively seeking ways to turn a profit.

• Tracking income and expenses suggests your OnlyFans activity leans towards a business endeavor.

• The IRS typically considers financial losses incurred due to your influence as business losses, even if they're beyond your control.

• Continuously enhancing your account's performance to increase earnings indicates a business-oriented approach.

• Previous successful money-making ventures on social media can signal a business mindset.

• Profitability over time and the gross profit generated are also factors in this determination.

Types of 1099s received on OnlyFans

Depending on your income sources, you might encounter a variety of 1099 forms regarding OnlyFans earnings. 

Two common ones include: 

• 1099-NEC (Non-employee compensation): This form keeps track of the money you earn as a contractor and gives both you and the IRS information about how much you've made.

• 1099-INT: This form is used by parties who pay interest, like banks or investment firms. If creators earn $10 or more in interest income, they will get this form. The information recorded on the form must be reported to the IRS.
  
  

Timing of 1099s from OnlyFans

Expect most 1099 forms to land in your inbox by January 31st of the following year after you've earned income. They will be sent to you both via email and on the platform itself. If January 31st falls on a weekend, just wait until the next working day for your delivery.

In the event of a delay, it's smart to reach out to OnlyFans ASAP. If you encounter difficulties contacting OnlyFans, don't hesitate to call the IRS main customer service hotline for assistance.

Using 1099s for tax filling OnlyFans creators

Once you receive a 1099 form from OnlyFans, you can use your income information on your tax return—specifically Form 1040-Schedule C.

Reporting income on Schedule C (Form1040)

Schedule C is a tax form used by self-employed workers in the US. 

Here's a step-by-step guide to handling it like a pro:

• Check the details: Double-check that the details on your 1099 are correct and match what you've earned from OnlyFans.

• Write off business expenses: You can subtract any legitimate business expenses—like gear or advertising costs—from your earnings to lower your tax bill. 

• Calculate your net profit: Your net profit is the amount subject to taxation after deducting all allowable business expenses.

• Fill out extra forms: Depending on your circumstances, you may need to complete additional forms to calculate your total tax liability, such as federal or state tax forms.

• Meet the deadline: Once everything's sorted, send your tax return to the IRS by the deadline, which is typically April 15th.

Additional tax resources for OnlyFans Creators

The IRS website has guidelines for independent contractors, including OnlyFans creators. These guidelines provide precise details on tax obligations and other important self-employment considerations.

When filing your final tax report, you can either hire a tax accountant or use tax filing software. While many software options allow free filing for federal forms, you can expect a small fee if you are registered as a small business owner.

Navigating your tax journey as an OnlyFans Creator

While 1099 forms and the filing process may seem overwhelming at first, tackling your taxes is more manageable than it appears. With the necessary documents from OnlyFans in hand, you can embark on your tax journey with confidence.

However, if you're feeling uncertain about navigating the process solo, don't hesitate to seek assistance from a professional tax advisor. This is especially beneficial if you're new to taxes and want to ensure the accuracy of your tax statement.

Remember, valuable resources are available to help guide you through tax season, including the official information sources like the IRS website and the OnlyFans Community Guidelines. Additionally, don't underestimate the power of networking with fellow content creators to learn about their strategies for handling 1099 forms and tax obligations.

By staying informed, seeking support when needed, and leveraging available resources, you'll be well-equipped to tackle tax season like a pro.