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LLC Self-Employment Tax Calculator

Estimate the self-employment tax owed on your LLC's net business income. Default LLC owners pay 15.3% SE tax on the first $168,600 (2026 Social Security wage base) and 2.9% Medicare above. The snapshot shows the full curve.

By Alif Al Razi, Tax & Compliance Lead · Last updated 2026-05-21

How this tool works

Step 1

Enter your net business income

Net = revenue minus deductible business expenses. Use Schedule C line 31 or your bookkeeping software's net-income figure.

Step 2

We apply the 2026 SS wage base

First $168,600 = 12.4% SS + 2.9% Medicare = 15.3%. Above $168,600 = Medicare only at 2.9%. Above $200,000 single filer = +0.9% Additional Medicare Tax.

Step 3

See total SE tax and after-tax net

Includes federal SE tax only. State income tax not included. S-corp election can reduce this; see /calculator/llc-vs-scorp/.

Interactive tool

$
Schedule C line 31 (single-member) or K-1 ordinary income (multi-member partnership).
SE tax owed
$11,304
Effective rate
14.13%
After-SE net
$68,696

Line-item breakdown

SE-tax base (profit × 0.9235)$73,880
Social Security 12.4% on first $168,600$9,161
Medicare 2.9% on full base$2,143
Additional Medicare 0.9% over $200,000 single$0
Total SE tax owed$11,304
Deductible half (Form 1040 adjustment)$5,652
How this is calculated

seBase = profit × 0.9235 (the SE-tax adjustment)
ssTax = min(seBase, $168,600) × 12.4%
medicareTax = seBase × 2.9%
addlMedicare = max(0, seBase − $200,000) × 0.9%
SE tax = ssTax + medicareTax + addlMedicare

Uses the 2026 Social Security wage base of $168,600. Additional Medicare Tax of 0.9% applies above $200,000 single filer ($250,000 MFJ). Half of SE tax is deductible as an adjustment to income — that reduces federal income tax, not SE tax itself. State income tax not included.

Form your LLC — $397 all-inSee S-corp savings on this profit

Inputs the tool accepts

  • Net business income — Annual net profit from LLC operations.
  • Filing status — Single, MFJ, etc. — affects 0.9% Additional Medicare Tax threshold.
  • Other earned income — W-2 wages already paid into SS — affects the wage base cap.

What the tool returns

  • SE tax owed — Total federal SE tax.
  • Marginal rate — Effective rate at your income level.
  • S-corp savings estimate — Quick link to LLC vs S-Corp calculator.

Self-Employment Tax by Net Income (2026)

Static snapshot pulled from current state filing fees, statutes, and pricing data. Updates when source data changes.

Net business incomeSE tax owedMarginal rateAfter-SE-tax net
$20,000$2,82615.3%$17,174
$40,000$5,65215.3%$34,348
$60,000$8,47815.3%$51,522
$80,000$11,30415.3%$68,696
$100,000$14,13015.3%$85,870
$150,000$21,19415.3% → 2.9%$128,806
$168,600$23,824SS wage base cap$144,776
$200,000$25,7382.9% only$174,262
$300,000$28,6382.9% + 0.9% surtax over $200k$271,362

Calculations use the 2026 Social Security wage base ($168,600 projected). SE tax is 15.3% (12.4% SS + 2.9% Medicare) up to the wage base, then 2.9% Medicare only. Additional Medicare Tax of 0.9% applies above $200,000 single / $250,000 MFJ. State income tax not included. Does not account for the 50% deductible-half of SE tax on Form 1040.

What counts as SE income

Net business income from an LLC taxed as a sole prop (single-member, default) or partnership (multi-member, default). Excludes W-2 wages, rental income (usually), interest, dividends, and capital gains. Does not include S-corp distributions (post-S-corp election) — only the salary portion is wages-taxed.

Deductible half of SE tax

You can deduct half of your SE tax on Form 1040 as an adjustment to income. This reduces income tax owed but does not reduce SE tax itself. The deduction is not reflected in the snapshot table above.

S-corp election as relief

Once net income exceeds roughly $40,000-$60,000/year, S-corp election typically pays off — only the 'reasonable salary' portion is subject to payroll tax, and the distribution portion escapes SE tax entirely. See /calculator/llc-vs-scorp/ for break-even tables.

Read next

LLC Tax pillar
/llc-tax/
Single-member LLC tax treatment
/single-member-llc/
LLC vs S-Corp calculator
/calculator/llc-vs-scorp/
EIN application
/services/ein-application/

FAQ

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