Advanced S-Corp Tax Savings Calculator

Estimate your S-Corp tax savings vs LLC with 2026 tax brackets, QBI deductions, and 401(k) limits.

Estimate your S-Corp tax savings with 2026 tax brackets.

About Your Business

This is your net profit before owner compensation.
Reasonable salaryWhat similar businesses would pay for the services you perform, based on your role, experience, and industry.
DistributionThe remaining profit after your salary, paid as a shareholder distribution. Not subject to payroll taxes.
40%60%
Include only self-employed health insurance premiums.

† Assumes Tax Year 2026, services business, standard deduction, age < 50.

† This calculator is for illustrative purposes only and may not reflect your specific situation. It provides general educational information, not legal, tax, or financial advice.

Net S-Corp Tax Savings

/year
S-CorpSchedule C
Net Business Income
$300,000
(+) W-2 Wages
$0
(-) FICA Adjustment
$0
Gross Household IncomeGross Income
$300,000
(-) Self Emp. Tax Deduction
$15,456
(-) Retirement ContributionsS-Corp retirement contributions are already reflected in the lines above: employee deferrals reduce W-2 Wages, and the employer match reduces Net Business Income.
$10,000
(-) Health Insurance Deduction
$10,000
Adjusted Gross Income
$264,544
(-) Standard/ Itemized Deduction
$16,100
(-) QBI Deduction
$7,821
Taxable Income
$240,622
(-) Ordinary Income Tax
$53,455
(-) Payroll / Self Empl. Tax
$31,606
Total Tax PaidEffective Tax Rate
$85,06128.4%

† Assumes Tax Year 2026, services business, standard deduction, age < 50.

† This calculator is for illustrative purposes only and may not reflect your specific situation. It provides general educational information, not legal, tax, or financial advice.

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