Updated for 2026 (Filing 2025 Taxes)
From filming scenic hikes in the White Mountains to sharing local New Hampshire experiences, being a YouTuber offers exciting opportunities – but it also comes with tax responsibilities. As a content creator earning income through platforms like YouTube, understanding your tax obligations is crucial for staying compliant with both federal and state regulations.
The IRS considers YouTube income as self-employment income, meaning it must be reported on Schedule C (Profit or Loss from Business) with your Form 1040. Regardless of income level, any net earnings exceeding $400 are subject to self-employment tax, which covers both Social Security and Medicare contributions. Accurate record-keeping throughout the year is essential for maximizing deductions and minimizing your tax liability.
New Hampshire stands out as one of the few states in the nation with no broad-based income tax, meaning YouTubers won’t be filing a state income tax return based on their earnings. However, this doesn’t mean federal tax obligations are waived. The federal government still requires all income, including YouTube revenue, to be reported and taxed. New Hampshire’s unique tax structure, historically rooted in a commitment to limited government and local control, means the state relies heavily on property taxes and other revenue sources. While there's no income tax, businesses operating in New Hampshire are subject to other taxes, such as the Business Enterprise Tax (BET) and the Interest and Dividends Tax (IDT), though these generally don't apply directly to individual YouTubers unless they operate as a corporation or LLC. It’s important to note that New Hampshire does tax interest and dividends, so any income earned from investments related to your YouTube channel (e.g., savings accounts holding ad revenue) may be subject to the Interest and Dividends Tax. Staying informed about these nuances is key to responsible financial management as a New Hampshire-based creator. For more information on New Hampshire taxes, please visit the New Hampshire Department of Revenue Administration: https://www.revenue.nh.gov/
Note on Mileage: As a home-based YouTuber, mileage deductions are less common. However, if you occasionally travel for client meetings, filming locations outside your home, or to purchase business supplies, you can deduct those miles using the standard mileage rate set by the IRS.
The 15.3% self-employment tax is comprised of two parts: 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 employees’ paychecks. As a self-employed individual, you are responsible for paying both the employer and employee portions of these taxes. You can deduct one-half of your self-employment tax from your gross income when calculating your adjusted gross income (AGI).
Estimate your taxes using current IRS rules.
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*Disclaimer: This is a simplified estimate. Includes SE Tax, State Tax, and QBI Deduction impact. Consult a CPA.
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