FREE · 2026

🏢 Business Tax Calculator

Estimate US corporate tax, LLC self-employment tax, and small business tax liability. Updated for 2025 tax rates.

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🏢Business Tax Calculator

About this Calculator

This business tax calculator estimates tax liability for different business entity types in the US. The right business structure can significantly impact your total tax burden.

C-Corporations pay a flat 21% federal corporate income tax rate on net profits. Pass-through entities (S-corps, LLCs, partnerships, sole proprietorships) avoid the corporate tax — income flows to owners' personal returns instead. Self-employed individuals also pay 15.3% self-employment tax (Social Security and Medicare) on net earnings.

Frequently Asked Questions

What is the corporate tax rate for 2025?+
The federal corporate income tax rate is a flat 21% on taxable income. Most states also impose their own corporate income taxes ranging from 0% to 12%.
What is self-employment tax?+
Self-employment tax is 15.3% of net self-employment income (up to the Social Security wage base for the 12.4% SS portion). It covers both the employee and employer portions of Social Security and Medicare.
Should I form an LLC or S-Corp for tax savings?+
S-Corps can save on self-employment tax for high-income owners by splitting compensation between salary and distributions. LLCs are simpler. Consult a CPA to determine which structure saves more given your income level.
What is a QBI deduction?+
The Qualified Business Income (QBI) deduction lets pass-through business owners deduct up to 20% of qualified business income from taxable income, subject to income limits and trade/business type restrictions.

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