Solo S-Corp Calculator

Estimate your S-Corp's annual profit, monthly distributions, and how much to set aside for taxes.

Who this calculator is for

This is built for a solo S-Corp — a single owner-operator who is the company's only employee, pays themselves a reasonable W-2 salary through payroll, and takes the remaining profit as distributions. It fits a profitable one-person service business such as a consultant, freelancer, or agency of one. It does not model multiple owners or employees, retirement or health-insurance contributions, the QBI deduction, or state franchise and excise taxes.

Your Numbers

Adjust these to match your expected business activity for the year.

Income

Expected Annual Revenue

Expenses

Operating Expenses

Monthly

Annually

= $2,000 per month

Gusto Payroll (per month)

= $660 annually

S-Corp Tax Return (annual)

Compensation

Reasonable Salary (annual)

Employer payroll taxes (FICA): $4,590/yr

Paycheck Interval

Effective Tax Rate

Applied to distributions — covers federal + state income tax

Your Breakdown

Based on your inputs, here's how the year looks.

Annual Profit

$59,750

Monthly Distribution

$4,979

Annual S-Corp P&L

Revenue

$150,000

Business Expenses

($24,000)

Admin Expenses

($1,660)

Gusto

($660)

S-Corp Tax Return

($1,000)

Payroll Expense

($64,590)

Owner W-2 Salary

($60,000)

Employer Payroll Taxes (FICA)

($4,590)

Net S-Corp Profit

$59,750

Monthly Take Home

Set aside 25%

Available for distribution

$4,979

Taxes to set aside (25%)

($1,245)

Move this to a separate account — you'll owe it at tax time.

Net after set-aside

$3,734

Bi-weekly Paycheck (Gross)

$60,000 salary ÷ 26 paychecks/yr

$2,308

These figures are an estimate for planning purposes only. Your exact circumstances — revenue, deductions, state and local taxes, filing status, and other factors — will vary, and the numbers here are simplified. Consult a CPA or tax advisor before making decisions.