Business and LLC - United States

    Small Business Tax Estimator

    Estimate annual federal tax for a sole-proprietor style business and compute quarterly payment targets.

    Tax year: 2026Last updated: May 23, 2026Schedule C + Schedule SE baseline90% current-year safe harbor100%/110% prior-year safe harbor check
    Inputs

    Configure your scenario

    Enter business revenue, expenses, and prior-year tax for quarterly planning.

    Net profit

    $120,000

    Total tax est.

    $32,660

    Quarterly target

    $5,500

    Breakdown

    Detailed estimate

    Net business profit
    $120,000
    Total federal tax estimate
    $32,660
    90% current-year target
    $29,394
    Prior-year safe-harbor target
    $22,000
    Safe-harbor target used
    $22,000
    Estimated payments still needed
    $22,000
    Quarterly payment target
    $5,500
    FAQ

    Small business tax - quick answers

    Why does this compare 90% vs prior-year tax?+

    IRS estimated-tax safe-harbor rules generally allow penalty protection based on either current-year or prior-year payment thresholds.

    Is this for corporations too?+

    This version models sole-proprietor/Schedule C style flow. Use dedicated entity calculators for S-corp scenarios.

    Sources & Act Reference

    Small-business estimator references

    Publication 334

    Schedule C reporting framework for sole proprietors and statutory employees.

    Publication 505

    Estimated-tax safe-harbor thresholds and payment planning guidance.

    Rule Trace

    Applied rule and official references

    Applied rule: annual estimate = income tax + SE tax; quarterly planning compares IRS safe-harbor thresholds

    Compliance checklist

    Validate allowable expenses, depreciation, credits, and any entity elections before filing/payment decisions.

    Smart Insight

    Estimated quarterly federal-payment target is $5,500.