Compare LLC and S-Corp taxes side by side. See self-employment tax savings, FICA differences, and which entity structure puts more money in your pocket.
Choosing the wrong business entity can cost you thousands in unnecessary taxes every year. This calculator compares your tax liability under LLC and S-Corp structures using your actual income, showing you exactly how much you could save by making the switch.
This calculator provides estimates for educational comparison only. Actual tax liability depends on deductions, credits, filing status, state rules, and many other factors. The self-employment tax calculation uses the simplified 92.35% net earnings base and the 2024 Social Security wage cap of $168,600. Always consult a qualified CPA or tax professional before making entity election decisions.
Read our full guide: LLC vs S-Corp โ When the Switch Makes Sense โ