Entity Taxation Calculator - LLCs vs. S-Corps vs. C-Corps

Updated with 2013 Tax Rates

 

Total Revenue Overhead (include any and all salaries) Salaries Paid to Owners Distribution of Profits/Dividends

 

How many founders are there?

Check each option you'd like to calculate for

Option 1: Partnership, Sole Proprietorship, LLC

Option 2: S-Corp or LLC making 2553 election

Option 3: C-Corp or LLC making 8832 election

What's the best tax treatment for your startup?

Calculate taxes for LLC's, corporations electing Subchapter S tax treatment, and corporations not making Subchapter S elections (C-Corps). This application calculates the federal income tax of the founders and company, the California state franchise tax and fees, the self-employment tax (for LLCs and S-Corps) and the Medicaid and payroll taxes (for C-Corps). The application does not take into account the California income taxes for founders. It also assumes equal division between cofounders and that cofounders will be filing as single filers.

Terms of Service for using this App.

IRS CIRCULAR 230 NOTICE: To the extent that this message or any attachment concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law.