Income Level | Entity | Entity Tax | Owner Tax | Payroll Tax | Total Tax | Money in your pocket |
10,000 | Sole Prop | 1,562 | 8,438 | |||
S-Corp | 800 | 89 | 375 | 1,264 | 8,736 | |
C-Corp | 1,601 | 89 | 375 | 2,065 | 7,935 | |
20,000 | Sole Prop | 4,288 | 15,712 | |||
S-Corp | 800 | 1,413 | 750 | 2,963 | 17,037 | |
C-Corp | 2,773 | 1,413 | 750 | 4,936 | 15,064 | |
50,000 | Sole Prop | 15,582 | 34,418 | |||
S-Corp | 800 | 8,881 | 1,527 | 11,208 | 38,792 | |
C-Corp | 7,356 | 8,881 | 1,527 | 17,764 | 32,236 | |
100,000 | Sole Prop | 38,535 | 61,465 | |||
S-Corp | 944 | 26,174 | 2,802 | 29,920 | 70,080 | |
C-Corp | 16,291 | 26,174 | 2,802 | 45,267 | 54,733 | |
150,000 | Sole Prop | 58,324 | 91,676 | |||
S-Corp | 1,425 | 44,429 | 4,077 | 49,931 | 100,069 | |
C-Corp | 28,937 | 44,429 | 4,077 | 77,443 | 72,557 | |
250,000 | Sole Prop | 103,155 | 146,845 | |||
S-Corp | 2,386 | 86,185 | 6,627 | 95,198 | 154,802 | |
C-Corp | 59,360 | 86,185 | 6,627 | 152,172 | 97,828 | |
1,000,000 | Sole Prop | 449,716 | 550,284 | |||
S-Corp | 9,828 | 415,380 | 10,535 | 435,743 | 564,257 | |
C-Corp | 280,680 | 415,380 | 10,535 | 706,595 | 293,405 | |
2,000,000 | Sole Prop | 913,565 | 1,086,435 | |||
S-Corp | 19,755 | 856,238 | 15,368 | 891,361 | 1,108,639 | |
C-Corp | 564,209 | 856,238 | 15,368 | 1,435,815 | 564,185 |