How much is the IRS actually taking from your LLC in 2025?
Calculate federal + state taxes, self-employment tax, and QBI deductions. No signup. No upsell.
Calculate federal + state taxes, self-employment tax, and QBI deductions. No signup. No upsell.
Home office expenses, vehicle use, and equipment depreciation—properly documented.
The most valuable deduction for self-employed individuals is often overlooked entirely. When properly tracked and documented, home office expenses alone can reduce your taxable income by thousands of dollars annually.
Proper documentation is non-negotiable. The IRS requires contemporaneous records, not retroactive estimates. IRS Publication 587
Beyond the office, vehicle use for business purposes, equipment depreciation, and professional development all qualify for deduction—but each requires specific documentation practices.
2025 federal tax brackets for single filers. Your effective rate depends on total taxable income after deductions.
IRS Publication 17 · 2025 Tax Year
| Income Range | Marginal Rate | Tax on Max |
|---|---|---|
| $0 – $11,600 | 10% | $1,160 |
| $11,600 – $47,150 | 12% | $4,266 |
| $47,150 – $100,525 | 22% | $11,771 |
| $100,525 – $191,950 | 24% | $21,915 |
| $191,950+ | 32%+ | Variable |
| Based on 2025 standard deduction ($14,600) for single filers. |
Estimated tax payments due on these dates. Miss a deadline and face penalties.
Jan–Mar income
40 daysApr–Jun income
71 daysJul–Sep income
162 daysOct–Dec income
239 daysLLC vs. S-Corp vs. Sole Proprietor: tax impact comparison for $80K–$300K net income.
Simplest structure. All income taxed at self-employment rate.
Default tax treatment = sole proprietor. Can elect to be taxed as S-Corp.
Pay yourself a reasonable salary, take remainder as distribution. Save on self-employment tax.
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