Tax Savings Calculator

How Can I Deduct That?

	Amount
How Can I Deduct That? Brainstorming Idea 1
How Can I Deduct That? Brainstorming Idea 2
How Can I Deduct That? Brainstorming Idea 3

How are you registered with the IRS? *
What is your estimated income after expenses for your business?*
Schedule C, 1065
What is your estimated income after expenses for your business?*
1120 S, 1120
How much would your house/apartment rent for DAILY at a hotel or event center during peak seasons? Not less than $500.
Augusta Rule Savings
How many children do you have under 18 years old?
Tax Savings of Children
Lower of 168,600 or Estimated Income
Schedule C/Partnership Tax Savings (May be negative)
Schedule C/Partnership Tax Savings
33% of estimated income
min of 33% or 40000
How much do you pay yourself on your W2 for wages from your company?
min of 168,600 or how much they pay themselves
168,600 or w2 - 33% or 40000
s corp/ corp tax savings
Reasonable Compensation Tax Savings
How Can I Deduct That? Total Savings

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Total Savings with just these strategies
In order to be eligible for the contest, please do not submit until we instruct you to do so on the webinar. We don't want you to miss anything.*

I understand the income tax savings is based on a combined state and federal tax rate of 25%. Combined tax rates can range from 0%-50%.
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Tax Savings Estimator