S-Corp Tax Calculator
🐻 California LLC
Federal S-Corp election · No California Form 3560
Your numbers
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%
$800
franchise tax +
$0
LLC fee
Based on gross receipts under $250k — no LLC fee.
Costs
Annual S-Corp admin costs
$2,000
Sole prop. total tax
—
CA LLC + S-Corp total
—
Annual tax savings
—
SE tax avoided
—
QBI deduction (sole prop.)
—
QBI deduction (S-Corp)
—
CA franchise tax
$800
Both structures
CA LLC gross receipts fee
—
—
CA SDI (S-Corp only)
—
1.1% on W-2 salary
Total CA-specific charges
—
S-Corp incl. SDI
—
Effective tax rate comparison
Sole proprietor
CA LLC + S-Corp election