The exact LLC vs S-Corp tax savings calculator
A spreadsheet you can use to model the real-dollar savings of an S-Corp election for your specific income level. Filled-in examples plus blank template.
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What is inside the calculator
- Income input ($30K to $500K)
- Self-employment tax calculation (default LLC treatment)
- Reasonable-salary suggestion based on income tier
- Payroll tax calculation (employer + employee FICA)
- Net savings calculation in dollars and percent
- Break-even analysis (when S-Corp becomes worth it)
- 6 filled examples: $50K, $80K, $100K, $150K, $250K, $400K
- Blank template you can customize
- Notes on payroll cost (Gusto, ADP) to factor in
Who this is for
Founders forming their first business, accountants advising small business clients, attorneys helping clients with formation, and anyone running a US business who wants the relevant deadlines and decisions in one place.
Why we made this free
File.Business is a business operating system, not a paywalled content factory. We make money when founders use our formation, registered agent, and compliance services. The more accurate information you have, the better choices you make.
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File.Business handles formation, registered agent, annual reports, registered agent renewals, and the operating tools you need afterward. $0 service fee. Penalty-free guarantee.
Start my business See pricingAt a glance
- What is it
- Llc vs s-corp tax savings calculator (xlsx) is a regulated business process governed by federal or state agencies. File.Business handles the paperwork, filings, and tracking for you.
- Why it matters
- Doing this correctly the first time avoids penalties, late fees, and personal liability exposure for owners.
- Who needs it
- Any US business that has triggered the relevant requirement - usually based on entity type, state, or business activity.
- When it is due
- Deadlines vary by agency and state. We track your specific dates and remind you ahead of any filing window.
- How it works
- Tell us what you need, review the prepared filing, and we submit through the agency's official channel.
- What it costs
- Pricing is shown on this page with state and federal fees disclosed separately from our service fee.
- Risks of skipping
- Penalties, administrative dissolution, loss of liability shield, blocked transactions, or audit triggers depending on the filing.
- Alternatives
- File directly with the agency yourself, hire a law firm, or use a competing service. File.Business is the fastest premium option.