KEY POINTS

  • Mia Khalifa shared some tips on filing taxes for those who are in the porn industry
  • The ex-porn star also advised cam girls to hire an accountant if possible
  • Khalifa also urged young women considering joining porn to "own your content"

Mia Khalifa encouraged women doing porn to protect themselves financially and if it's possible, she urged them to get an accountant.

Khalifa was part of the adult entertainment industry for three months and only made $12,000, according to her. Since then, she started aiming to educate young women who are considering doing porn to help keep themselves knowledgeable on what they do. In her latest post in her Instagram Stories she shared a video about filing taxes for those who make money from subscription site like OnlyFans.

"Ladies, protect yourselves financially!" Khalifa wrote.

"You're not a cam girl, you're a mother-f------ ENTREPENEIUR, and as a BUSINESS, you shouldn't be paying taxes on upkeep like hair, nails, gym, clothes, coffee to you the energy to deal with the sh-- you deal with all day."

In the clip, one asked how to file taxes after making $10,000 from OnlyFans. The same man playing another character explained that one has to file Schedule C with their personal tax return. Schedule C is used to report income or loss from a business. This applies to those who practice as a sole proprietor or engage in activities for income or profit in continuity or regularity.

Those who are in OnlyFans are pretty much business owners as what the video explains. So, one can deduct expenses such as supplies, internet and software fees. It may also include the items Khalifa mentioned above.

"Also, hire an accountant. You're the TALENT and the BOSS. You hustle on OF, Let a professional hustle the IRS for you," the ex-porn star added.

Khalifa has also opened up about the contracts in the porn industry in her interview with YouTuber and comedian Anthony Padilla. Khalifa said it should be illegal to force a woman to sign a contract right there and then. She also raised the need to hire a third-party lawyer to review the contract for the ladies.

"If a billion dollar corporation wants a woman to sign away her body's rights, they should be forced to hire a third party attorney to review her contract for her,” Khalifa said.

When Khalifa was asked for a message for young women planning to join the porn industry, she advised them to "own your content."

"Own all of your content. Do not work with any of these production companies that promise you the world and offer you nothing," Khalifa added.

Mia Khalifa Mia Khalifa denied that she was kicked out of the stadium for punching a fan during a baseball game on Oct.14, 2017. Photo: Mia Khalifa