LLC Tax Calculator
A single-member LLC is taxed the same as a sole proprietor by default — profit passes through to your personal return and is subject to self-employment tax — but every state also charges its own annual LLC fee or franchise tax. Enter your expected net profit to see the full 2026 cost of doing business as an LLC.
Take-home rate (after LLC fees) 79%
Take-home $59,505 Tax $15,495
Federal SE tax
Self-employment tax (15.3%) $10,597
Federal income tax $4,898
Texas
Texas income tax (none) $0
LLC annual fee $0
Total cost of doing business
Total tax + LLC fees $15,495
Effective rate (tax only) 20.7%
Take-home after tax and LLC fees $59,505
No-tax public information report for most LLCs; franchise tax only applies above $2.47M in annual revenue.
LLC tax and fees by state
Annual LLC fees range from $0 to $800 depending on the state. Jump to your state for a pre-filled breakdown:
AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingWashington D.C.