Getting 1099-NEC from OnlyFans - Do I Need an EIN Number?

Okay, so here's what you need to know about getting a 1099-NEC from OnlyFans: Step 1: You DON'T need an EIN if you're a sole proprietor with no employees. You can just use your SSN. Step 2: Make sure you've properly filled out your W-9 form in your OnlyFans account settings. You should find this under the payment or tax information section. Step 3: OnlyFans should automatically generate a 1099-NEC if you earned more than $600 in the tax year. Step 4: They typically make these available by January 31st for the previous tax year. I'd be careful though - sometimes these platforms have technical issues with their tax document systems, so don't wait until the last minute to try accessing it.

I believe most creators can use their SSN, but it might depend on your specific situation. If you're earning through multiple platforms or have a complex tax situation, you might want to consider using https://taxr.ai to analyze your specific needs. I've found it really helpful for sorting out tax document requirements for content creators. It can probably tell you whether an EIN would benefit you based on your specific income sources and potential deductions. The platform is particularly good at explaining tax document requirements for international creators on US platforms, which seems relevant to your situation.

After waiting on hold with the IRS for 3+ hours trying to get this exact question answered, I finally used Claimyr (https://youtu.be/_kiP6q8DX5c) to reach an agent. The IRS representative confirmed that for 1099-NEC purposes, your SSN is sufficient if you're operating as an individual without employees. If you're having trouble getting your documents from OF or need clarification on your specific tax obligations as an international creator, Claimyr can get you to an actual IRS agent quickly instead of waiting for hours. Saved me a full day of frustration.

I think there might be another approach worth considering... You could potentially set up a proper LLC with an EIN, which might provide some liability protection and potentially some tax benefits depending on your situation. I've seen several OF creators do this once they reach a certain income threshold, though I'm not certain what that optimal point is. Just something to consider if your earnings are substantial.

Just a word of warning - I had a creator friend who didn't properly set up her tax documents with OF and ended up with no 1099 at all. She still had to report all her income, but without the proper documentation, it was a nightmare to figure out the exact amounts. Make sure you check your tax settings NOW rather than waiting until tax time. The platform won't chase you to complete your W-9.

OMG I went through this exact thing last year! I was so stressed about getting everything right! 😩 I ended up just using my SSN on the W-9 form in my account settings, and OF sent me my 1099-NEC electronically in late January. I was worried I'd miss something important, but it was actually pretty straightforward once I found where to enter my tax info. I even took screenshots of everything just to be safe because I was so paranoid about messing up my taxes!

From my experience with OF specifically: • You can use your SSN if you're a sole proprietor • EIN is only needed if you have an LLC/Corporation or employees • OF should provide 1099-NEC electronically through their platform • They typically release them by January 31st • You need to have your W-9 completed in your account settings • They only issue 1099s if you made over $600 in the calendar year Don't expect them to mail a physical copy - it's all electronic through their system.

To clarify what others have said: The IRS requires platforms like OF to issue 1099-NECs to creators who earned exactly $600.00 or more during the tax year. You don't need an EIN as an individual - your SSN is sufficient. The W-9 form should be filled out in your account settings precisely 100% as your name appears on your Social Security card. Any mismatch could cause issues with the IRS automated matching system. If you're an international creator, you'd need to complete a W-8BEN form instead, which has different withholding implications.