How to File Taxes as a Blogger - Melyssa Griffin (2024)

How to File Taxes as a Blogger - Melyssa Griffin (1)

Do you consider your blog a business? If you make a profit from running your blog, you can bet that the IRS sure does! I’m no accountant, but I do know that your income from blogging has to be reported when filing your taxes. All of it. Even items you receive for free. That counts as income, too. Today, I want to share some tips about how to file taxes as a blogger so that you can do it painlessly and reduce how much money you owe to the IRS. Let’s get started!

First of all, I filed and paid my taxes with Turbo Tax. Like, just now. I’ve been using Turbo Tax for years, but this is my first time using their paid “business” version. I love how comprehensive it is! I liked using Turbo Tax to document my first year of blogging, because it walked me through all of the deductions I was able to take, but if you have an accountant or can do it yourself (??!?!?) then by all means! 🙂

Basically, if you spend money on your business/blog throughout the year, you can deduct part of these expenses from the money you’d otherwise owe to the government. For example, if you owed $1,000 based on your yearly income, but purchased a bunch of things for your business or blog, you could cut that amount down to $100. I should note that your expenses should not outweigh your income. So if you made $1,000 from blogging last year, you shouldn’t be writing off $2,000 of computer equipment. The IRS allows you to do this for three years, but then decides that you have a hobby rather than a business.

I also highly recommend saving your receipts, just in case you get audited. If the IRS thinks you’re fibbing or finds errors in your return and you’re found without proof that you purchased those deductions, you’ll be faced with extra fees and penalties. No bueno. Moral of the story? Save your receipts! Lots of people have folders or boxes that they toss their receipts into, but don’t forget to print out receipts and invoices for purchases made online, too. You could even scan your paper receipts and keep them, along with your online invoices, in a folder on your computer for easy organization. I’ve also noticed that money received as a blogger does not come in one tidy paycheck each month. Each month, I have money coming from all different sources and if I didn’t keep track of it, it would be extremely easy to lose track (or give myself a huge headache come tax season!). Instead, I recommend keeping a spreadsheet on your computer where you can track all the money you’ve earned as a blogger.

  1. Your blog design/template
  2. Blog conferences and workshops (even our recent OC Blogger Brunch!)
  3. Hotel and transportation costs if you had to travel to a blogger event
  4. Mileage (for your 2013 taxes, you can deduct 56.5 cents for every mile you drove as part of your blogger gig…for example, driving to a nearby blogger event)
  5. Business cards
  6. Buying ads on other sites
  7. Blogging related e-courses (like this one)
  8. Supplies for DIY projects that you use in tutorials on your blog
  9. Your computer
  10. Your camera
  11. Web hosting fees (I use and recommend Bluehost and WP Engine)
  12. Domain name fees
  13. Software, such as Photoshop
  14. Skillshare and other educational platforms (if the courses you take relate to your growth as a blogger)
  15. Paypal fees (yes, all those fees they take from you can be deducted!)
  16. Stock photo fees
  17. Your blog framework, if you purchased it (such as Headway or Genesis)
  18. Fonts
  19. Fees to prepare your taxes (such as hiring an accountant or using Turbo Tax)
  20. Photography, such as head-shots or paid photos taken for your blog
  21. P.O. Box fees
  22. Postage fees
  23. Blog coaching/consulting
  24. A giveaway prize that you paid out-of-pocket for
  25. Office furniture, if it’s used exclusively for blogging
  26. Your home office, if it’s used exclusively for blogging

There are even more things, depending on you and your blog, but just remember that if you spend any necessary money to run your blog, you might be able to write it off. I was horrible about keeping my receipts when I lived in Japan, both because taxes weren’t on my mind when I started my blog and because I never assumed I’d make any money from this ol’ thang. Do a better job than I did and start now. You never know how much money you’ll make before 2015 and when taxes strike next year, you’ll be so glad you kept all those receipts for deductions. 🙂

Will you be filing taxes for your blog this year?

**I’m not an expert on this topic, so you should probably consult a tax professional or filing service instead of taking my word as the gospel, but I hope this was helpful. 🙂

How to File Taxes as a Blogger - Melyssa Griffin (2024)

FAQs

How do bloggers file taxes? ›

Since you're self-employed, you pay both the employee and the employer portions of your Social Security and Medicare taxes on your blogging income (known as the self-employment tax). Self-employment tax is calculated separately from income tax on your tax return.

How to file taxes as a content creator? ›

Relevant Tax Forms for Content Creators
  1. Form 1040. This is the foundation – the standard US tax return form used by most individuals, including self-employed content creators. ...
  2. Schedule C. ...
  3. Schedule SE. ...
  4. Form 1099-NEC. ...
  5. Form 8832. ...
  6. Section 179 Expense. ...
  7. Depreciation. ...
  8. Income Tracking.
Apr 1, 2024

How much do you have to earn on OnlyFans to file taxes? ›

OnlyFans will send you a Form 1099, which reports your earnings for the year if you make more than $600. This form is vital as it helps you accurately report your income on your tax return (IRS, 2023).

Can I write off expenses for my blog? ›

Blogging is a popular way to share your thoughts, ideas, and expertise with the world. However, creating and distributing quality content does cost money. Thankfully, the IRS lets you deduct all ordinary and necessary business expenses from your income.

How much tax do bloggers pay? ›

If you file your tax return as single, plan on owing closer to 40% of your net income. As you calculate the profits from your blog each month, set aside 30-40% of that income (in your business savings account) for tax purposes—most of which you'll pay in the form of quarterly estimated tax throughout the tax year.

Do I need an EIN for my blog? ›

Employer Identification or Tax ID Number.

You will be required to obtain an EIN for your blog. For more information on how to do this, visit this post. Your EIN is a one-time request and is good for the life of your business.

How to report income as a content creator? ›

1040 Tax Return: Most content creators will file Form 1040, the standard individual income tax return. Schedule C (Profit or Loss From Business): If you're self-employed as a sole proprietor, you'll complete Schedule C to report your business income and expenses.

Do influencers have to pay taxes on gifted items? ›

It depends. In general, if you receive a gift (free products, trips, etc.) as compensation, it is considered income, meaning you will need to pay tax on the value of the gift. One exception is if you are sent products to review that have a total value of less than $100.

Do you have to pay taxes as a content creator? ›

Whether your online activities are a full-time job or just a side gig, they're considered a business. Filing taxes for content creators follows the same process as other self-employed individuals. As a result, you report your income from your content creation activities on Schedule C, Profit or Loss From Business.

What happens if you don't file OnlyFans taxes? ›

Firstly, it is important to understand that any income earned from OnlyFans is taxable. This means that performers must report their income to the IRS and pay taxes on their earnings. Failing to do so can result in serious consequences, including fines, penalties, and criminal charges.

Do I need an LLC for OnlyFans? ›

To kickstart your OnlyFans journey, you'll need to form a US company, typically an LLC (limited liability company). Why? The limited liability offered by an LLC adds professionalism and protects your personal assets from business-related risks.

How do I fill out taxes on OnlyFans? ›

How to file my OnlyFans taxes. If you are working as a full-time OnlyFans video creator, you have to fill out Schedule C on your 1040 Form to declare your profits and losses because the IRS treats OnlyFans creators as sole proprietors, which are a single-person business entity.

Can bloggers write off clothing? ›

To get tax deductions on influencer clothes, you'll need to show the IRS that you have an honest profit motive. Basically, you'll have to prove that you're making money with these clothes as opposed to losing it. This will help distinguish your business from a hobby. You can also include a few other distinctions.

Can a travel blogger write off trips? ›

Can influencers write off vacations? If you're a travel blogger, any travel and meals can be written off if the expense is related to your blog.

Can a food blogger write off groceries? ›

For food bloggers, the expenses related to groceries can be deducted. However, personal grocery costs aren't tax-deductible.

Is A blogger self-employed? ›

If you are a blogger you are most likely are a self employed business. If you accept payment for your blogging activities and don't work for someone else, you are self-employed. This doesn't need to be full time either, part-time activities count too.

Can a blog be a source of income? ›

Blogging is a small business idea with the potential to make thousands of dollars per month, whether by driving product sales for your own brand, earning commission from affiliate programs, or creating a space for digital ad sales.

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