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LLC Tax Calculator
Limited Liability Companies (LLCs) offer flexibility in taxation. By default, LLCs are pass-through entities taxed like sole proprietorships or partnerships, but you can elect S-Corp or C-Corp taxation. Use this calculator to compare tax structures, understand self-employment tax implications, and optimize your LLC's tax strategy for maximum savings.
LLC Tax Calculator
LLC Tax Calculator
Calculate LLC taxes for different tax structures. Compare pass-through, S-Corp, and C-Corp taxation to optimize your business tax strategy.
Business Details
Tax Structure
Tax Breakdown
Net Business Income$100,000
Self-Employment Tax (15.3%)$14,130
QBI Deduction (20%)$20,000
Federal Income Tax$7,887
Total Tax$22,016
Your Results
Net Income
$77,984
after all taxes
Effective Tax Rate
22.02%
Total Tax
$22,016
Pass-Through
Default LLC taxation. All income passes through to your personal tax return with self-employment tax. Simple but may have higher taxes at high income levels.
Tax Tips
- •Pass-through is simplest but may cost more in self-employment tax.
- •S-Corp election can save taxes if profits exceed reasonable salary.
- •QBI deduction provides 20% pass-through deduction on qualified income.
- •Consult a tax professional for LLC election decisions.
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