Tools
S-Corp Savings Calculator
Move the sliders, see your number. We'll show you where the S-Corp election starts paying for itself.
Inputs
Tell us about your business.
Estimated Annual Impact
What an S-Corp election could save.
Annual Savings
$12,017
Estimated dollars saved annually by electing S-Corp status, after accounting for ~$2,400 in additional compliance cost.
Current SE Tax
$25,433
On your current entity
S-Corp FICA
$11,016
On salary portion only
Reasonable Salary
$72,000
40% of net income (modeled)
Distributions
$108,000
Not subject to FICA
Break-Even
1.5 mo
Setup cost recovered in
5-Year Savings
$58,586
Net of setup + compliance
At this income level, an S-Corp election typically pays for itself within the first year.
Estimates use 2024 federal rates and assume a 40% reasonable salary. State income tax, retirement plan design, and QBI interactions are not modeled. Your situation will differ — book a call to model it precisely.