LLC Tax Calculator

Our LLC Tax Calculator estimates tax obligations for Limited Liability Companies (LLCs). Compare different tax treatment options and understand potential federal tax responsibilities.

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$100,000.00
Self-Employment Tax (15.3%)$14,129.55
QBI Deduction (20%)$20,000.00
Federal Income Tax$7,886.75
Total Tax$22,016.30

Your Results

Net Income
$77,983.70
after all taxes
Effective Tax Rate
22.02%
Total Tax
$22,016.30

Tax Tips

  • β€’Pass-through is simplest but may cost more in self-employment tax.
  • β€’S-Corp election can save taxes if profits exceed reasonable salary.
  • β€’QBI deduction provides 20% pass-through deduction on qualified income.
  • β€’Consult a tax professional for LLC election decisions.

Disclaimer: This LLC tax calculator is for educational purposes only and does not constitute tax or legal advice. Calculations are based on 2024 tax rules and simplified assumptions. Actual tax liability may vary based on business structure, state-specific rules, deductions, credits, and changes in tax laws. Always consult with a qualified tax professional for accurate LLC tax planning.

Related Calculators