S-Corp Tax Savings Calculator | Elev8 Tax & Accounting
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S-Corp Tax Savings Calculator

If your business is profitable, electing S-corp status can cut your self-employment tax — often by thousands a year. Plug in your numbers and see an instant estimate.

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The IRS requires S-corp owners to take a defensible market-rate salary for the work they do. A common starting point is 40–50% of profit — we'll help you set the right number.
Estimated annual savings
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Estimate only — 2026 figures (15.3% SE tax, $184,500 Social Security wage base). Doesn't include payroll service costs (~$600–$1,200/yr), state taxes, QBI interactions, or retirement-plan effects. Whether the election is worth it depends on your full picture.

Want your real number?

Book a free review and we'll confirm your savings, set a defensible salary, and handle the election paperwork — or tell you honestly if it's not worth it yet.

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