For general informational purposes only — not tax, legal, or financial advice. Consult a qualified professional before acting on these estimates. NRM Business Advisory, LLC assumes no liability for outcomes.
NRM Business Advisory, LLC

S-Corp Tax Calculator

🐻 California LLC Federal S-Corp election · No California Form 3560
Your numbers
Tax year
2025
2026
Net business income $150,000
Gross receipts (revenue) $200,000
Reasonable salary $80,000
Federal taxes
Marginal tax bracket 24%
QBI deduction (Sec. 199A)
Filing status
Married filing jointly
Single / HOH
Business type
Non-SSTB
SSTB

QBI deduction: up to 20% of qualified business income.

🐻 California (LLC)
Include California taxes
CA income tax rate 9.3%
Sole prop (LLC): $800 franchise tax + $0 LLC fee
Based on gross receipts under $250k — no LLC fee.
S-Corp: greater of $800 or 1.5% of net income
Costs
Annual S-Corp admin costs $2,000
Sole prop. total tax
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CA LLC + S-Corp total
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Annual tax savings
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SE tax avoided
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Effective tax rate comparison
Sole proprietor
CA LLC + S-Corp election