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Influencer tax rules: A guide for TikTok, Twitch, and other creators
Yahoo Finance· 2026-03-24 17:24
Ditching your day job to become a full-time fashion influencer on Instagram or video game streamer on Twitch may seem like a pipe dream. The average content creator takes six-and-a-half months to earn their first dollar, according to data analytics company Demand Sage. Only about 4% of creators worldwide earn more than six figures, according to a 2023 Goldman Sachs Research report. No matter how much you earn monetizing your content, expect to pay taxes on your profits. The Internal Revenue Service (IRS) ...