№ 2 · S-corp Calculator
Is an S-corp worth it?
If you’re self-employed, every dollar of profit pays self-employment tax on top of income tax. An S-corp election can change that math — you take part of the profit as salary, part as a distribution, and the distribution skips the employment tax. Here’s how it lands for your numbers.
This is tax-cost math only — 2026 rates; pick your year in the panel below. The legal side of entity structure belongs to your attorney (more on that below).
Your business
Today: sole prop / LLC
As an S-corp
The five-year view — because one year never decides it
We never recommend a move that wins this year and loses over the next two. Here’s the annual saving if profit grows as you entered — and the cumulative total.
What this estimate assumes — out in the open
- Employment taxes only. Sole prop side: 15.3% self-employment tax on 92.35% of profit up to the $184,500 Social Security wage base, 2.9% Medicare above it. S-corp side: 15.3% FICA on the salary (your half plus the company’s half) plus federal unemployment.
- Income tax is not compared here. The two structures also differ on the QBI deduction, the half-SE-tax deduction, and retirement plan math — those can move the answer in either direction. That’s the multiyear part of the Delta review.
- The salary must be defensible. The IRS expects reasonable compensation for the work you do. If the split only works with an unreasonably low salary, it doesn’t work.
- Costs are counted, not hidden. The comparison subtracts the real cost of payroll and the extra return every year.
- Not modeled: the additional 0.9% Medicare tax, state unemployment detail, Indiana county tax, health-insurance add-backs, and multi-owner situations.
- 2026 figures — Social Security wage base $176,100 (2025) / $184,500 (2026); growth projection holds today’s law constant.
Numbers this size deserve a real answer. Delta will run yours properly.
The calculator shows the mechanic — the review shows the decision: the right salary, the QBI effect, the retirement angle, and whether the move holds up over the next several years, not just this one. Send it over and we’ll tell you where it actually lands.
Reach your Delta team at (260) 440-2747 or info@deltacpagroup.com and we’ll walk through it with you.
Thank you,
Amy Grego, CPA Delta CPA Group, LLC · (260) 440-2747

