Calculate LLC taxes, self-employment tax, and pass-through income. Based on 2026 IRS guidelines for single-member and multi-member LLCs.
Calculate LLC TaxLLCs are pass-through entities by default. Profits flow to owners and are taxed at individual rates plus self-employment tax (15.3%). LLCs can elect S-Corp or C-Corp status for potential tax savings. The 20% QBI deduction can reduce taxable income further.