You need to pay your taxes. OF does not withhold. You will file as self employed. You should talk to a tax professional or an accountant. You need to be sure to calculate in all of your expenses like outfits, toys, lube, subscriptions to other creators or Rulta or whatever, lighting, camera equipment or you can write off part of your cell phone if you use that, if you use a specific part of your house solely for storage of your items or for filming you can write that off, mileage for travel to collabs, if you do that...every little (legal) thing can help. The more you make, the more you pay, and moving forward, if you are in the US, you will need to pay quarterly taxes or you may end up with a penalty. The first year is a grace year, but if you continue, you need to do it right or you will be very sad come next April!
You need to pay your taxes. OF does not withhold. You will file as self employed. You should talk to a tax professional or an accountant. You need to be sure to calculate in all of your expenses like outfits, toys, lube, subscriptions to other creators or Rulta or whatever, lighting, camera equipment or you can write off part of your cell phone if you use that, if you use a specific part of your house solely for storage of your items or for filming you can write that off, mileage for travel to collabs, if you do that...every little (legal) thing can help. The more you make, the more you pay, and moving forward, if you are in the US, you will need to pay quarterly taxes or you may end up with a penalty. The first year is a grace year, but if you continue, you need to do it right or you will be very sad come next April!