LLC Tax Information
LLC Tax Analysis
Enter your LLC information and click "Calculate LLC Taxes" to see your results.
Tax breakdown will appear here.
Tax election comparison will appear here.
LLC Tax Election Comparison
Default Election
Pass-through taxation with self-employment tax on all profits. Simple but higher SE tax burden.
S-Corp Election
Salary + distributions structure. SE tax only on salary, potential savings on distributions.
C-Corp Election
Corporate tax rates with potential double taxation. May benefit high-income businesses.
2025 LLC Tax Information
Default Tax Treatment
Single-Member: Disregarded entity (Schedule C)
Multi-Member: Partnership (Form 1065)
SE Tax: Applied to all net earnings
Rate: 15.3% on net earnings from self-employment
S-Corp Election
Form: Form 2553 election
Salary Requirement: Reasonable compensation
SE Tax: Only on salary portion
Distributions: Not subject to SE tax
C-Corp Election
Form: Form 8832 election
Tax Rate: 21% corporate rate
Double Taxation: Corporate + individual level
Benefits: Retained earnings, fringe benefits
QBI Deduction
Section 199A: Up to 20% deduction
Income Limits: Phase-out at higher incomes
W-2 Wages: May limit deduction
Specified Service: Additional limitations
Important Information
This calculator provides estimates for LLC tax planning purposes only. Actual tax calculations may vary based on specific business circumstances, state laws, and other factors. Tax elections have significant implications and deadlines. The S-Corp election must be made by March 15th for current year effectiveness. Always consult with a qualified tax professional or business attorney before making tax elections or business structure decisions.