BONUS Guide: Sole Prop/Single-Member LLC vs S-Corp

Calculator: S-Corp & Personal Taxes using 2026 tax laws

  • Use this calculator to:

  • Get a better understanding on what the general tax expenses are

  • Being taxed as an S-Corp and your Personal Tax Return

  • Enter estimates for your situation to calculate your taxes

Texas S-Corp Tax Calculator

Comprehensive tax estimation for the 2026 tax year. Assumes Texas residency (no state income tax). Calculates payroll taxes, QBI deduction, CTC limits, and final federal refund/liability based on the final rules under the One Big Beautiful Bill (OBBB).

Business Projections

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Operating Expenses are calculated automatically as Gross Income minus Net Profit and Wages. Net Profit (Distributions) flows to your personal return.

Personal Details

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Use "Additional Fed Withholding" (W-4 Step 4c) to cover the taxes owed on your S-Corp K-1 profit, avoiding a large tax bill at filing.

Quarterly Payroll Cash Needed

$0.00

Cost of Net Paycheck + Withheld + Employer/Employee taxes divided by 4.

Estimated Tax Refund

$0.00

After applying W2 withholding and credits.

Payroll Details (Annual)

Gross W-2 Wages$0.00
Fed Income Tax Withheld-$0.00
Employee SS Tax-$0.00
Employee Medicare Tax-$0.00
Net Paycheck$0.00
Employer Paid Taxes
Employer SS Tax$0.00
Employer Medicare Tax$0.00
TX SUTA (Est 2.7%)$0.00
FUTA (0.6%)$0.00

S-Corp & QBI Calculation

Gross Income$0.00
Less Operating Expenses-$0.00
Less W-2 Wages-$0.00
K-1 Net Profit (Distributions)$0.00
Qualified Business Income$0.00
2026 QBI Deduction (OBBB)-$0.00

Personal Return & Final Tax

Income & Deductions
W-2 Income$0.00
S-Corp K-1 Income$0.00
Total Adjusted Income$0.00
Standard / Itemized Ded.-$0.00
QBI Deduction (OBBB)-$0.00
Final Taxable Income$0.00
Taxes & Credits
Federal Income Tax$0.00
Total Fed Tax Liability$0.00
W-2 Tax Withheld-$0.00
Refund Due $0.00
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