Tax Estimator
How much are you actually paying in taxes?
Estimate your US federal tax burden based on your entity type, revenue, and filing status. See how S-Corp election could reduce your self-employment tax.
Your business details
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This is an estimate for federal taxes only. State taxes, deductions, and credits vary. Consult a CPA for your actual tax planning.
Your estimated tax burden
Net profit$120,000
Self-employment tax$16,955
Federal income tax (est.)$19,808
Total estimated tax$36,763
Effective rate30.6%
S-Corp opportunity detected
Based on your net profit, an S-Corp election could reduce your annual tax bill by approximately:
$7,775/yr
Talk to a CPA about S-Corp election Want a real tax strategy?
This calculator gives you a starting point. A Prolify CPA can build your full tax plan — entity structure, quarterly estimates, deductions, and S-Corp analysis.
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