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LLC vs S-Corp Tax Comparison

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.

๐Ÿ’ผ Business Income
Annual Net Business Income Revenue minus expenses
$
S-Corp Reasonable Salary Typically 40-60% of income
$
๐Ÿ“‹ Tax Details
Federal Income Tax Bracket Effective rate
%
State Income Tax Rate
%
S-Corp Additional Costs Payroll, filing, accounting
$
Estimated Annual Tax Savings with S-Corp
$0
after accounting for additional S-Corp costs
๐Ÿ“˜ LLC (Sole Prop)
Net Income$0
SE Tax (15.3%)$0
SE Tax Deduction (50%)$0
Federal Income Tax$0
State Income Tax$0
Total Tax Burden$0
Take-Home$0
๐Ÿ“— S-Corporation
Salary (W-2)$0
Distribution$0
FICA on Salary (15.3%)$0
FICA Deduction (50%)$0
Federal Income Tax$0
State Income Tax$0
S-Corp Costs$0
Total Tax + Costs$0
Take-Home$0

โš ๏ธ Important Disclaimer

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†’