How accurate is this tax calculator?

It uses projected 2026 federal and California brackets with standard deductions to give a planning-level estimate. Credits, AMT, QBI, and state adjustments are not included, so your filed return will differ.

When does an S-Corp election save money?

S-Corp savings usually begin once net profit is consistently above roughly $60,000-$80,000, because only your reasonable salary is subject to payroll tax. California's 1.5% S-Corp tax and payroll costs offset part of the benefit.

Free planning tools

Tax Calculators for Individuals & Business Owners

Estimate your 2026 federal, California, and self-employment tax — then see whether an S-Corp election could lower your bill. Built by S&S CPA INC in Downey, California.

2026 income tax estimator

Enter your expected 2026 income for a federal, California, and self-employment tax estimate.

Filing statusW-2 wages

Self-employment / 1099 net profit

After business expensesOther income

Interest, dividends, rentalItemized deductions

Leave 0 to use the standard deductionTax already withheld / paid

Your estimate

$9,230

Total estimated 2026 tax · 9.7% effective rate

Adjusted gross income$95,000

Deduction applied$32,200

Federal income tax$7,040

California income tax$2,190

Self-employment tax$0

Marginal federal rate12%

Estimated refund$2,770

Review this with a CPA

These calculators provide planning-level estimates using projected 2026 brackets and standard deductions. They do not account for credits, QBI deductions, AMT, or other adjustments, and are not tax advice. Contact S&S CPA INC for an analysis of your specific situation.

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