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LLC vs S-Corp Calculator

Compare LLC vs S-Corp tax savings with side-by-side analysis, self-employment tax breakdown, and optimal salary sensitivity chart. Free, fast, and private — runs entirely in your browser.

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How to Use LLC vs S-Corp Calculator

  1. 1Enter your annual business revenue and expenses.
  2. 2Set your filing status and desired S-Corp salary.
  3. 3Compare total taxes under LLC vs S-Corp.
  4. 4Review the salary sensitivity chart for optimal savings.

Frequently Asked Questions

Enter your business income and expenses. The calculator compares total tax liability under LLC (self-employment tax on all profit) vs S-Corp (salary + distributions split).

Generally when your net profit exceeds $40,000-$50,000/year, the self-employment tax savings from S-Corp can outweigh the additional administrative costs.

Yes, completely free with no sign-up required. Use it as many times as you need.

Uses current US tax brackets and SE tax rates. Results are estimates — consult a CPA for your specific situation.

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About LLC vs S-Corp Calculator

Compare LLC vs S-Corp tax savings with side-by-side analysis, self-employment tax breakdown, and optimal salary sensitivity chart. Free, fast, and private — runs entirely in your browser.

NexTool's LLC vs S-Corp Calculator is completely free to use with no sign-up required. Your data is processed directly in your browser and never sent to our servers, ensuring complete privacy and instant results.

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Compare Options

Comparison · 2 options reviewedSole Proprietorship vs. LLC: Which Business Structure Is Right for You?Compare sole proprietorships and LLCs on liability protection, taxes, formation costs, and compliance. Choose the right business structure for your venture.

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Disclaimer
This is a simplified estimate based on 2024 US Federal tax rules. It does not account for state taxes, all deductions, credits, or the QBI phase-out. Consult a CPA for your specific situation.
IRS requires a "reasonable salary" for S-Corp owners
Revenue: $150,000 − Expenses: $30,000 = Net Profit: $120,000
LLC (Sole Proprietorship)
$28,051
total tax burden
Self-Employment Tax (15.3%)$16,955
SE Tax Deduction (50%)-$8,478
QBI Deduction (20%)-$24,000
Taxable Income$72,922
Federal Income Tax$11,096
Effective Rate23.4%
Take-Home$91,949
S-Corp Election
$24,781
total tax burden
Salary (W-2)$60,000
Distribution (no payroll tax)$60,000
Payroll Tax (on salary only)$9,180
QBI Deduction (on distribution)-$12,000
Federal Income Tax$15,601
Effective Rate20.7%
Take-Home$95,219
Potential Annual Tax Savings with S-Corp
$3,270
That's $273/month more in your pocket
Tax Burden Comparison
LLC$28,051
S-Corp$24,781
Recommendation
An S-Corp election could save you approximately $3,270/year. This likely justifies the additional costs of payroll processing and a separate S-Corp tax return.
S-Corp Additional Costs (est.)
$1,000 - $2,000/year
Payroll service + S-Corp tax return (Form 1120-S)
Net Benefit After Costs
$1,770 - $2,270
After accounting for filing costs
S-Corp Salary Sensitivity Analysis
How different salary levels affect your S-Corp tax savings.
SalaryDistributionTotal TaxSavings vs LLC
$36,000 (30%)$84,000$20,053+$7,998
$48,000 (40%)$72,000$22,417+$5,634
$60,000 (50%)$60,000$24,781+$3,270
$72,000 (60%)$48,000$27,145+$906
$84,000 (70%)$36,000$29,509-$1,458
$96,000 (80%)$24,000$31,875-$3,823
The IRS requires S-Corp owners to pay themselves a "reasonable salary" comparable to what other businesses pay for similar services. Typically 40-60% of net profit.
How It Works

LLC (Sole Proprietorship): All net profit is subject to self-employment tax (15.3% on the first $168,600 for SS + 2.9% Medicare on all earnings). You can deduct 50% of SE tax from your adjusted gross income.

S-Corp: You pay yourself a W-2 salary, and payroll taxes (15.3%) only apply to that salary. The remaining profit passes through as a distribution, which avoids payroll tax entirely.

QBI Deduction: The Qualified Business Income deduction allows a 20% deduction on qualifying business income, subject to income thresholds and other limitations.

Disclaimer: This calculator provides estimates for educational purposes. State taxes, local taxes, credits, and many other factors are not included. Always consult a CPA or tax professional.