S Corp Calculator

Tell us a bit about your business

Tell us a bit about your business

How much money does your business earn in a year?

What are your total business expenses for the year?

If you had to pay someone a salary to do your job, how much would you have to pay?

Hint: lower is better!

Hint: lower is better!

What's your tax rate?

If not sure, pick 25%

If not sure, pick 25%

000

Check the box below if your business operates in NYC

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Results!

As an LLC, an estimate of your tax liability from the business is

$41,321.99

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As an S Corp, your tax liability would be

$36,451.17

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Hooray! As an S corp, you'll save approximately

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$4,870.83

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per year

If you like pretty graphs:

Total Self Employment Tax

Total Self Employment Tax

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Total Tax Owed

Total Tax Owed

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