OnlyFans Creator Taxes in Vermont - 2026 Guide

Updated for 2026 (Filing 2025 Taxes)

Tax Essentials for a OnlyFans Creator in Vermont

Vermont’s vibrant arts and creator scene extends to the digital realm, and as an OnlyFans creator residing in the Green Mountain State, understanding your tax obligations is crucial for long-term success. Income earned through platforms like OnlyFans is considered self-employment income and is fully taxable at both the federal and state levels.

The IRS requires all self-employed individuals, including OnlyFans creators, to report their earnings on Schedule C (Profit or Loss from Business) with Form 1040. Furthermore, earnings exceeding $400 necessitate the payment of self-employment taxes, covering both Social Security and Medicare contributions. Accurate record-keeping throughout the year is paramount to ensure proper reporting and maximize potential deductions.

How Vermont Handles Gig Worker Taxes

As a resident of Vermont, a state income tax return is required regardless of income level. Vermont operates on a graduated income tax system, meaning the tax rate increases as your income rises. For the 2025 tax year, Vermont utilizes Form INC-100, Individual Income Tax Return, as the primary form for reporting income, including self-employment earnings. Self-employment income reported on your federal Schedule C will need to be transferred to Form INC-100. Vermont also requires Schedule SE-V, Vermont Adjustment to Federal Self-Employment Tax, to calculate your Vermont self-employment tax liability. Vermont’s tax rates for 2025 are expected to remain similar to prior years, ranging from 3.45% to 8.75% depending on your filing status and income bracket. It’s important to note that Vermont also has a property tax credit available to some residents, which could impact your overall tax liability. Vermont offers various credits and deductions, so exploring these options is recommended. Staying compliant with Vermont’s tax laws is essential to avoid penalties and ensure a smooth tax filing process. For the most up-to-date information and forms, please visit the Vermont Department of Taxes website: https://tax.vermont.gov/

Key Tax Deductions for Home-Based OnlyFans Creators

• Home Office Deduction: To qualify for the home office deduction, the space must be used exclusively and regularly for business purposes. “Exclusive use” means that portion of your home is used solely for your OnlyFans work – it cannot double as a guest room or family space. “Regular use” implies consistent and frequent use for business activities. You can calculate the deduction using the simplified method ($5 per square foot, up to 300 square feet) or the actual expense method (calculating a percentage of your mortgage/rent, utilities, etc., based on the square footage used for business).
• Hardware & Software: Expenses related to equipment essential for content creation are deductible. This includes the cost of computers, cameras, lighting, microphones, and any necessary software subscriptions like Adobe Creative Cloud, video editing software, or website hosting services.
• Internet & Phone Bill: If you use your internet and phone for both personal and business purposes, you can deduct the percentage attributable to your OnlyFans work. For example, if 75% of your internet usage is for business, you can deduct 75% of your internet bill.

Note on Mileage: As a home-based worker, mileage deductions are less common. However, you can claim mileage for any occasional trips taken specifically for work-related purposes, such as meeting with collaborators or purchasing supplies.

The 15.3% Self-Employment Tax Explained

The 15.3% self-employment tax comprises two components: 12.4% for Social Security and 2.9% for Medicare. This tax is essentially the equivalent of the employer and employee portions of these taxes when you are traditionally employed. You are responsible for paying both portions as a self-employed individual.