As an OnlyFans creator, handling your taxes can feel overwhelming, especially when deadlines approach. Filing taxes on income earned through OnlyFans requires special attention because you’re considered self-employed. Understanding IRS Form 4868 and knowing exactly where to file paper Form 4868 ensures you get extra time for your paperwork without unnecessary penalties.
Whether you’re new to OnlyFans or you’ve been a creator for years, correctly managing your taxable income, expenses, and tax forms is essential to protect your earnings.
Understanding Form 4868
What Is Form 4868?
IRS Form 4868, officially known as the “Application for Automatic Extension of Time to File U.S. Individual Income Tax Return,” gives taxpayers an additional six months to submit their tax return. However, it doesn’t grant extra time to pay taxes owed. If you owe money, it still needs to be paid by the regular April deadline.
Who Should File Form 4868?
You should file Form 4868 if:
- You need extra time to file your income tax return.
- You’re unable to complete your taxes accurately by the standard April due date.
- You’re self-employed with significant earnings, like an OnlyFans creator, and need additional time to organize your tax information.
Where to File Paper Form 4868
Mailing Your Form
Where you mail Form 4868 depends on where you live and whether you’re making a payment.
Here are the addresses for filing paper copies:
Location | Mailing Address With Payment | Mailing Address Without Payment |
---|---|---|
Texas Department, Wisconsin Department, etc. | Internal Revenue Service, PO Box 1302, Charlotte, NC 28201-1302 | Department of the Treasury, Internal Revenue Service, Kansas City, MO 64999-0045 |
APO or FPO Address, Foreign Country | Internal Revenue Service, PO Box 1303, Charlotte, NC 28201-1303 | Department of the Treasury, IRS Center, Austin, TX 73301-0215 |
Ensure you select the appropriate address based on your situation, whether you owe money or not.
Step-by-Step Guide to Completing Form 4868
Filling out Form 4868 involves straightforward steps:
- Provide Personal Information:
- Name, address (including APO or FPO address or a foreign country address if applicable), and Social Security number.
- Estimate Total Tax Liability:
- Calculate your taxable income from OnlyFans.
- Include other self-employment taxes.
- Calculate Payments:
- Determine how much you have already paid through estimated taxes.
- Estimate how much you owe or if you’ll be due a refund.
- File Form:
- Mail the paper copy to the IRS address applicable to your payment situation.
Special Considerations for OnlyFans Creators
As an OnlyFans creator, your self-employed status brings additional tax responsibilities:
Self Employment Taxes
Creators must pay self-employment taxes, covering Social Security and Medicare contributions, alongside regular income tax.
OnlyFans Tax Write-Offs
Tax write-offs significantly reduce taxable income. Common OnlyFans tax write-offs include:
- Wi-Fi or internet costs
- Editing software subscriptions
- Home office expenses
- Camera and filming equipment
- Promotional expenses
Properly tracking expenses ensures maximum deductions and minimizes taxable income.
FAQs
Can I file Form 4868 electronically?
Yes, electronic filing is available and often preferred for quicker processing, but if you prefer mailing a paper copy, use the addresses provided above.
Do I still need to pay taxes by April if I file Form 4868?
Yes, Form 4868 extends your filing deadline, not your payment deadline. You must still pay taxes owed by the April deadline.
What if I live in a foreign country or have an APO/FPO address?
You can still file Form 4868. Use the designated IRS mailing address specific to your foreign or military address situation.
What happens if I don’t file Form 4868 or file late?
If you don’t file Form 4868 or your return by the deadline, you may face penalties for failure to file and late payments. Filing on time, even if you can’t pay right away, helps avoid these penalties.
Conclusion
Knowing exactly where to file paper Form 4868 is key, especially for an OnlyFans creator juggling self-employment taxes and taxable income. Whether you’re filing from states like Texas, Wisconsin, North Dakota, South Dakota, or even a foreign country, including territories with an FPO address, using the correct file addresses ensures your IRS form reaches the right place on time. Proper filing is essential whether you’re based domestically, or internationally, or hold unique statuses such as being a dual-status alien.
Managing your OnlyFans taxes also involves tracking essential business expenses, taking advantage of legitimate tax write-offs, and accurately reporting earnings from your OnlyFans account. From larger cities like Kansas City or smaller regions like Rhode Island, handling your tax returns properly can help you reduce what you owe, safeguard your profits, and grow your business confidently.
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