I'm a fairly popular poster on GW subreddits. I started charging for extra content about a year ago.
It began as more of an experiment to see if I could get some extra pocket money, but it has kinda blown up. I am now making about $2500/month and it's steadily increasing. I also work full-time at a "real" job.
My question is this - how do I go about declaring my extra income so that I can pay taxes like a good citizen? Is what I'm doing legal? Can I claim expenses such as lingerie and sex toys, since I use them when I create content?
Extra info: I live in Canada. The platform I use is Onlyfans. I earn in USD, and Onlyfans sends my earnings into a third party account. I convert those funds into a CAD account, then wire the CAD into my personal bank account.
I don't know if any of that makes a difference. I'm truly clueless and I hope I haven't gotten myself in too deep! I just want to be a good, law-abiding citizen! :)
Submitted October 26, 2018 at 03:54PM by a_momose https://ift.tt/2SjnL6J