What Tax Cuts Expire in 2025? Key Facts Creators Must Know

Big Tax Changes Are Coming. Here’s Why You Should Care

Let’s be real. Filing taxes as an OnlyFans creator is already a headache. But starting in 2025, it might get a whole lot worse if you’re not prepared. That’s because many of the tax breaks that have been helping you keep more of what you earn are set to expire at the end of the 2025 tax year.

These expiring provisions don’t just affect rich people or corporate CEOs. They impact you. If you’re making income through an OnlyFans account, whether full-time or on the side, you’ll want to know what’s coming so you don’t end up with a surprise tax bill you can’t afford.

Let’s break down what tax cuts expire in 2025, how that affects your OnlyFans income, and what you can do to stay ahead of the game.

So, What Tax Cuts Are Expiring in 2025?

Back in 2017, a law called the Tax Cuts and Jobs Act (TCJA) changed a bunch of tax rules. It lowered income tax rates, raised the standard deduction, and gave self-employed people (like creators) some solid breaks. But many provisions in the TCJA were never permanent.

Unless Congress acts, here’s what’s set to expire:

• Lower individual income tax rates will go back up
• The standard deduction will shrink
• The maximum child tax credit will drop from $2,000 to $1,000
• Personal exemptions return, but with less value
• The 20% QBI deduction for business income may go away
• The alternative minimum tax (AMT) thresholds could lower again
• The $10,000 SALT cap on state and local tax deductions might be removed

If you’re a content creator making business income on OnlyFans, these expiring tax provisions could raise your overall tax burden significantly.

Why These Tax Cuts Matter More for OnlyFans Creators

Here’s the thing. Most creators don’t have taxes taken out of their income like a regular job. You get paid directly from the platform and receive tax forms like a 1099-NEC. You are expected to handle everything yourself, including filing your tax returns, paying estimated self-employment taxes, and tracking deductible expenses.

When key tax cuts expire, you could lose:

• The 20% deduction on qualified business income
• A large portion of the standard deduction
• Other itemized deductions like local tax payments

This means more of your gross income becomes taxable income, which raises your tax liability. That’s not just a paperwork issue, it’s real money out of your bank account.

Real Talk: How This Affects Your OnlyFans Income

Let’s say you made $80,000 in gross income from your OnlyFans account in 2024.

Right now:

• You take a 20% QBI deduction ($16,000)
• You take a $13,850 standard deduction
• You pay taxes only on your net income after deductions

When these cuts expire:

• The QBI deduction is gone
• The standard deduction drops to around $6,300
• Your taxable income rises substantially

So even if your income doesn’t increase, your tax bill could. You’ll pay more in income tax, Social Security contributions, and self-employment taxes.

4 Expiring Tax Breaks Creators Need to Know

1. The QBI Deduction

If you operate your OnlyFans as a sole proprietorship or single-member LLC, you likely qualify for the Qualified Business Income deduction. This lets you deduct 20% of your net business income.

But this deduction is temporary and is part of the expiring TCJA provisions. Once gone, your tax policy shifts back to older rules that expose more of your income to ordinary income tax rates.

2. The Standard Deduction Shrinks

Currently:

• $13,850 for single filers
• $27,700 for married couples filing jointly

After 2025:

• Standard deduction drops by nearly half

That means more income is subject to taxes unless you switch to itemized deductions, which few creators do.

3. Tax Brackets Revert to Pre-TCJA Levels

The TCJA reduced rates across most brackets. If those rates expire, you’ll pay a higher percentage of your earnings in federal income tax.

For joint filers, married couples, and single creators alike, this will increase your overall tax burden, especially if you’re in a high income bracket.

4. Child Tax Credit Cut

If you have dependents, the child tax credit will shrink. The maximum child tax credit will return to $1,000 per child, down from $2,000 or more. This directly affects the amount that many creators expect in their tax refunds.

What Should You Do Right Now?

1. Work With a Tax Professional

Tax code is changing, and the best way to prepare is by partnering with someone who understands tax policy changes and works specifically with OnlyFans creators.

A tax professional can:

• Help you understand your deductions
• Set up your business structure
• Guide you on the reconciliation bill that may affect creator earnings
• Estimate your taxes for upcoming years

2. Update Your Estimated Tax Payments

If your deductions disappear and tax rates go up, you’ll need to adjust how much you pay the IRS each quarter. Your self-employment taxes and federal tax withholdings should reflect these tax policy changes.

3. Maximize Your Tax Write-Offs

Track business costs like:

• Wi-Fi
• Camera gear
• Software subscriptions
• Content supplies and marketing

These legitimate expenses reduce your net income and help you file more accurate tax returns.

 

4. Start Saving for a Bigger Bill

With higher taxes and fewer deductions, creators in high tax states could see a spike in how much they owe. Prepare by setting aside more of your income now.

FAQs

What is the end of the tax year 2025?

The U.S. federal tax year aligns with the calendar year, so tax year 2025 ends on December 31, 2025. Returns for this tax year must be filed by April 15, 2026, unless you apply for an extension.

What is the maximum taxable income in 2025?

There’s technically no maximum taxable income you pay increasing rates as your income rises. For context, the top marginal tax rate of 37% applies to taxable income over $626,350 for single filers and $751,600 for joint filers in 2025. 

Is 2025 the tax year?

Yes, the term “tax year 2025” refers to the period from January 1 through December 31, 2025. That’s the year in which your income is earned and reported on your tax return. 

What is the minimum income to file taxes in 2025?

In 2026, you’ll need to file a 2025 return if your 2025 gross income meets these thresholds based on filing status (for taxpayers under age 65):

• Single: $14,600 or more

• Married filing jointly: $29,200 (both under 65)

• Head of household: $21,900

• Married filing separately: $5

• Qualifying surviving spouse: $29,200
  If you’re 65 or older, those thresholds are slightly higher.

What is the IRS limit for 2025?

“I RS limit” is pretty broad, so here’s a breakdown of key specific limits for 2025:

• Standard deduction (2025): $15,000 for single filers, $30,000 for married filing jointly, $22,500 for heads of household.

• 401(k) contribution limit: $23,500 maximum elective deferral; total combined contributions (employee + employer) capped at $70,000.

• IRA contribution limit: $7,000, with catch-up contributions up to $8,000 if you’re aged 50 or older.

Conclusion

Expiring tax cuts could raise your tax bill, even if your income stays the same. Plan ahead now to protect your OnlyFans earnings and stay prepared for 2025.

Your path to complete financial prosperity begins now. To master the art of tax planning and transform your future financial outlook at tax time, contact The OnlyFans Accountant for a free consultation. Want to learn how to maximize deductions, track expenses like a pro, save more, and navigate tax season like a boss? Get your FREE copy of our eBook.

Need assistance or guidance with completing your OnlyFans taxes? Call us today! Our experts are ready to help you navigate your tax obligations and maximize your deductions.