Free Calculator
S-Corp Savings Calculator
Estimate whether the S-corp election will actually save you money — net of payroll-provider cost, additional tax prep, and (if you're in California) the 1.5% S-corp tax on the distribution.
Your situation
Adjust the inputs to see whether the S-corp election is likely worth the overhead.
Estimated outcome
+$6,694
estimated net annual savings vs. staying as an LLC / Schedule C
Read this carefully
Estimates only. Actual savings depend on reasonable comp, state rules, retirement plan contributions, QBI deduction effects, and your specific facts. A licensed CPA should run a full analysis before you elect. Talk to a partner.
Want a real analysis?
This calculator is a directional estimate. The real S-corp decision depends on factors it can't model — reasonable comp evidence for your role, retirement plan contribution structure, QBI deduction interactions, ownership-share considerations, and state-specific rules beyond California.
For a full S-corp vs. LLC analysis tailored to your facts, our CPA-led tax practice runs the numbers, files the election, and handles the ongoing 1120-S returns.