For Independent Contractor Physicians Only

Comprehensive Tax Savings Calculator

Enter your income, deductions, and state to see a detailed Sole Proprietor vs. S-Corp comparison — including QBI analysis, state taxes, retirement, and more.

1Income & Filing
2Deductions
3Retirement
4Results

Income & Filing Status

Tell us about your 1099 physician income and household.

$300,000
$130,000$1,000,000
States without income tax (FL, TX, NV, WA, WY, TN, SD, NH, AK) select "No state income tax"

Deductions & Expenses

Enter your annual deductions. These directly reduce your taxable income and affect your QBI eligibility.

Retirement Contributions

Retirement contributions reduce your AGI and can help keep you below the QBI phase-out threshold.

Your Estimated Annual Tax Savings

$0

Sole Proprietor vs. S-Corp with optimized deductions

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QBI Deduction: Fully Available

Your AGI is below the phase-out threshold. You qualify for the full 20% QBI deduction on pass-through income.

Your Inputs

Current: Sole Proprietor

Without S-Corp

Payroll & SE Tax
Self-Employment Tax (15.3%)$0
Federal Income Tax
Adjusted Gross Income$0
Deductions Used$0
QBI Deduction$0
Federal Income Tax$0
State Tax
State Income Tax$0
SALT Deduction (capped)$0
Credits
Child Tax Credits$0
Total Tax Liability $0
Optimized: S-Corp

With Our Strategy

Payroll Tax
Payroll Tax (on W-2 salary)$0
W-2 Salary / Distributions$0
Federal Income Tax
Adjusted Gross Income$0
Deductions Used$0
QBI Deduction$0
Federal Income Tax$0
State Tax (with PTET)
PTET (entity-level)$0
PTET Federal Deduction Benefit$0
Credits
Child Tax Credits$0
Total Tax Liability $0

SE/FICA Savings

$0
Payroll tax avoided on distributions

State Tax Savings

$0
PTET bypasses SALT cap

QBI Benefit

$0
20% deduction on pass-through

5-Year Savings

$0
Projected cumulative

Want Your Exact Numbers?

This calculator provides estimates. Schedule a free consultation and we'll build a personalized tax strategy based on your complete financial picture.

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*Estimates for educational purposes only. Actual savings depend on your specific situation, state, deductions, and other factors. Self-employment tax: 15.3% (12.4% SS up to $176,100 + 2.9% Medicare). QBI deduction subject to SSTB phase-out above $197,300 (single) / $394,600 (MFJ) for 2026. State tax rates are simplified effective rates. PTET availability varies by state. Child Tax Credit: $2,000 per qualifying child. Figures use 2026 tax brackets and limits.