LLC / Sole Prop
Disregarded entity
CurrentFederal income tax$26,055
SE / payroll tax$21,194
State income tax$13,950
Total tax
$61,199
Net after-tax income$88,801
Effective federal rate17.4%
LLC, S-corp, or C-corp — which saves you more?
Enter your net business profit to see a side-by-side tax comparison across all three entity structures. Find the crossover point where an S-corp election starts paying off — and how much you could save. Not sure how this works? Read the guide
Read next
Entity & S-corp
LLC vs S-Corp: Which Business Structure Is Right for You?
An LLC is a legal structure; an S-corp is a tax election — and most S-corp owners have both. When the S-corp election saves money, when it doesn't, and what the compliance costs actually are.
Entity & S-corpHow to Actually Elect S-Corp Status: Form 2553, Deadlines, and What Happens Next
The calculator said it's worth it. Now what? A step-by-step guide to filing Form 2553, the March 15 deadline, late election relief, and what to set up in the first month as an S-corp.
Tax strategy & retirementSelf-Employment Tax Explained: Rates, Calculation, and How to Reduce It
Self-employment tax is 15.3% on net profit — on top of income tax. How SE tax is calculated, what the deductible half actually saves, and the three ways to reduce it.
Tax deductionsSolo Service Business Tax Deductions: The Complete Checklist
Eight deductions every sole prop and freelancer should be claiming — with dollar values at $100k and $150k net profit. None require an S-corp.