{"slug":"fansly","name":"Fansly","category":"creator","workerTerm":"creators","classification":"Fansly's help center treats US creators as independent contractors: they submit a W-9, Fansly reports their pay on Form 1099-NEC, and it does not issue W-2s.","taxForms":"Fansly issues Form 1099-NEC to US creators, one consolidated form per Taxpayer ID, downloadable from Creator Dashboard > Tax Documentation. Most of its help pages still cite a $600 trigger (one says $20,000), but the federal 1099-NEC threshold for 2026 payments is $2,000.","platformFees":"Creators receive 80% of revenue from subscriptions, sold media, messages and tips, so Fansly's share is 20%. Fansly's help center says there are no hidden fees for payouts, processing or currency conversion.","payouts":"Funds become eligible for payout after a seven-day hold. Payout methods vary by region, and each method sets its own minimum and timing. Creators can't withdraw until their tax forms are submitted.","deductions":["Props, costumes and equipment used for production","Editing software and subscriptions","Business share of internet and phone bills","Cameras, lighting and streaming gear for Fansly Live","Social media promotion and advertising costs","Home studio or home office space"],"watchOuts":["Fansly says it does not store creators' total annual earnings, so keep your own income records.","Fansly's help pages give conflicting thresholds ($600 and $20,000). For 2026 the federal 1099-NEC trigger is $2,000, and all income is reportable either way.","Fansly withholds no taxes, so plan for 15.3% self-employment tax and quarterly estimated payments.","Bank deposits usually show as SELECT MEDIA LLC, though this can vary by region or method. Match them to your Earnings Wallet so income isn't missed or counted twice."],"competitors":["onlyfans","fanvue","loyalfans","justforfans","patreon"],"notes":"Confirmed against help-center pages. Removed fansly.com/tos as a source: its tax clause covers purchase taxes only and says nothing about creator classification. Classification now attributed to the help center.","sources":["https://help.fansly.com/en/articles/12315241-getting-started-on-fansly","https://help.fansly.com/en/articles/10544454-the-ultimate-tax-guide-faq","https://help.fansly.com/en/articles/10544465-where-do-i-get-my-form-1099-nec","https://help.fansly.com/en/articles/10544466-submitting-a-w-9-form","https://help.fansly.com/en/articles/10544467-does-fansly-withhold-taxes-from-payments","https://www.irs.gov/instructions/i1099mec","https://www.irs.gov/businesses/small-businesses-self-employed/self-employment-tax-social-security-and-medicare-taxes","https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes"],"asOf":"2026-10-07","url":"https://gigaverse.ai/platforms/fansly","affiliated":false}