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🧵 Topic: Does OnlyFans Automatically Take Out Taxes?
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Lv*uzishu
Reader · 2025-12-19 12:49
Hi MaTitie! As someone who loves numbers and tracking things (my stats degree helps!), I'm stressing about OnlyFans taxes. How do I actually track my income and expenses without an accountant? Should I use a spreadsheet or a specific app? My family expects me to be 'perfect' with money, but I'm worried about missing something big. Any simple steps you'd recommend?
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MaTitie(Reply to @Lv*uzishu)
Author · 2025-12-20 14:00
Hi there! As a fellow creator, I totally get the pressure to appear perfect with money. Since you're good with stats, a simple spreadsheet works great to track income and expenses—just list everything monthly. Start with 20% of earnings saved for taxes; bump it to 30% if you're in a higher bracket. Apps like Wave or QuickBooks Self-Employed are free and user-friendly. Treat your OnlyFans like a small business: separate account for payouts, receipts for gear, and set reminders for tax deadlines. You've got this!