Updated for 2026 (Filing 2025 Taxes)
Creating content under the bright Nevada sun and sharing it with the world is an exciting venture, but alongside building an audience comes the responsibility of understanding tax obligations. As a YouTuber operating in Nevada, it’s crucial to navigate the complexities of self-employment taxes and deductions to ensure compliance with both federal and state regulations.
The IRS requires all self-employed individuals, including YouTubers, to report income and expenses on Schedule C (Profit or Loss From Business) with Form 1040. Regardless of residency, all US-sourced income is subject to federal taxation. Furthermore, earnings exceeding $400 necessitate the payment of self-employment tax, covering both Social Security and Medicare contributions.
Nevada stands out as one of the few states with no state income tax. This means YouTubers operating within Nevada won’t face a state income tax bill on their earnings. However, this does not exempt them from federal income and self-employment taxes. It’s a common misconception that a lack of state income tax equates to no taxes at all. The federal government still requires reporting and payment of taxes on all income generated. Nevada does have a Modified Business Tax (MBT) which applies to businesses with gross revenue exceeding $50,000, but this generally doesn’t apply to individual YouTubers operating as sole proprietors unless they have employees or significant business expenses that push them over the threshold. Given Nevada’s thriving entertainment and digital creator scene, particularly around Las Vegas, the state government actively encourages entrepreneurship, but emphasizes the importance of federal tax compliance. Staying informed about federal tax laws is paramount for Nevada-based YouTubers. For more information on Nevada business resources, visit the Nevada Governor’s Office of Economic Development: https://www.diversifynevada.com/
Note on Mileage: As a home-based YouTuber, mileage deductions are less common. However, if you occasionally travel for client meetings, collaborations, or to purchase equipment, you can deduct the business portion of your mileage using the standard mileage rate set by the IRS.
The 15.3% self-employment tax is comprised of two components: 12.4% for Social Security and 2.9% for Medicare. This tax is essentially the equivalent of the Social Security and Medicare taxes withheld from an employee’s paycheck. As a self-employed individual, you are responsible for paying both the employer and employee portions of these taxes.
Estimate your taxes using current IRS rules.
đź“– Confused by these terms? Read the Manual →
*Disclaimer: This is a simplified estimate. Includes SE Tax, State Tax, and QBI Deduction impact. Consult a CPA.
Don't let the IRS take more than their fair share. Use the software built for YouTubers.
Start Filing Now →