Some of y’all making me real nervous for you. That 20% only fans takes out is not for taxes. You need to be setting aside like 25% of everything you make. The IRS doesn’t play around guys. Please do research when you start new business endeavors. You can legit ruin your future.
Some of you young girls are going to fuck up your life if you don’t pay your taxes or report wrong. The fees are no joke and they will harass the fuck out of you and get their money 😬
I know it seems like I’m harping on this but with how many people made an OnlyFans during the pandemic and brought in decent money it’s scary how I keep seeing people think that 20% is for taxes and so they haven’t put anything aside. I don’t want you to be fucked
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