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S-Corp Savings Calculator
Could an S-corp election lower your tax?
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What could an S-corp save you?

If you run a one-owner service business, electing S-corporation status can cut the 15.3% self-employment tax on part of your profit. Enter your numbers to see a federal estimate — then we’ll help you decide if it actually pencils out.

This is a free, federal-only planning estimate — not tax advice and not a quote. Your real result depends on your state, a defensible salary, and a full review of your facts.

Your numbers

Business profit before paying yourself — revenue minus business expenses.

40% · $0

Reasonable compensation is the market wage for your work — not a percentage of profit. This slider only explores scenarios; we determine a defensible figure from comparable-wage data, not this percentage. Only your distribution (the rest) skips payroll tax.

Affects the §199A QBI deduction at higher incomes — we account for it.

Estimated federal savings as an S-corp
$0
Federal-only planning illustration — not tax advice and not a quote.
Before state tax: in states like CA & NY, state-level S-corp taxes and fees can reduce or erase this.

Sole proprietor / LLC

Self-employment tax$0
Federal income tax$0
Total federal tax$0

S corporation

Payroll tax (on salary)$0
Federal income tax$0
Total federal tax$0
Less: cost to run an S-corp (payroll, 1120-S, state)−$0
Estimated net benefit / year$0

Get a real analysis

This is a federal estimate only. Your actual number depends on your state, a defensible salary, retirement and health choices, and more. Tell us where to reach you and we’ll run the real numbers — no charge to find out.

We’ll never share your info.