20% of revenue
OnlyFans Platform Fee
OnlyFans keeps 20% of your earnings. This fee is a direct cost of doing business — deductible on Schedule C line 10 (commissions and fees).
Section 179
Camera & Lighting Equipment
DSLR cameras, ring lights, softboxes, backdrops — fully deductible in year of purchase under Section 179 (up to $1.16M in 2026).
Up to $1,500
Home Office Deduction
If you have a dedicated room or space used exclusively for content creation, deduct $5/sq ft (simplified method, max 300 sq ft).
Business %
Internet & Phone
Deduct the percentage of your internet and phone used for content creation, uploading, and communicating with subscribers.
Full cost
Costumes & Props
Costumes, props, and wardrobe items used exclusively for content creation are deductible business supplies.
Full cost
Video Editing Software
Adobe Premiere, Final Cut Pro, Canva Pro, CapCut subscriptions used for your OnlyFans business are fully deductible.
Full cost
Marketing & Advertising
Paid promotions, social media ads, shoutout purchases, and any other paid marketing for your OnlyFans are deductible.
100%
Health Insurance Premiums
If not eligible for employer-sponsored insurance, deduct 100% of health, dental, and vision premiums.
50% of SE tax
Half of SE Tax
Deduct 50% of your 15.3% self-employment tax on Form 1040 — reduces your adjusted gross income directly.
Full cost
Accounting & Tax Software
TurboTax Self-Employed, QuickBooks, or any CPA fees for preparing your Schedule C are fully deductible.
Full cost
Business Bank Account Fees
A separate business account for OnlyFans income is recommended. Monthly maintenance fees are deductible.
Business %
Storage & Cloud Services
Google Drive, Dropbox, iCloud storage for content files — deduct the business-use percentage.
These deductions apply to IRS Schedule C (self-employment income). Eligibility depends on your specific situation. This is informational only — not tax advice. Consult a licensed CPA for your circumstances.