Florida: what each business structure costs a year

At $100,000 profit, an LLC taxed as an S corp costs $4,465 a year less than a sole proprietorship in Florida. All figures are 2026 tax and fees.

$4,465 a year

less as an LLC taxed as an S corp than as a sole proprietorship in Florida, at these numbers.

Florida, 2026: $100,000 profit, single filer

Structure

Yearly cost

vs yours

To set up

Sole proprietorship yours

$22,365

Itemized: $22,365

Self-employment taxirs.gov, 2026 rates	$14,130
Federal income taxirs.gov, 2026 rates	$8,235
Yearly cost	$22,365

Single-member LLC

$22,461

+$96

$125

Itemized: $22,461

Annual Reportdos.fl.gov, checked Oct 20, 2026	$139
Self-employment taxirs.gov, 2026 rates	$14,110
Federal income taxirs.gov, 2026 rates	$8,212
Yearly cost	$22,461

LLC taxed as an S corp lowest

$17,900

−$4,465

$125

Itemized: $17,900

Annual Reportdos.fl.gov, checked Oct 20, 2026	$139
Payroll tax on your salaryirs.gov, 2026 rates	$6,351
Payroll service and tax return (estimate)	$1,800
Federal income taxirs.gov, 2026 rates	$9,610
Yearly cost	$17,900

S corporation

$17,909

−$4,456

$70

Itemized: $17,909

Annual Reportdos.fl.gov, checked Oct 20, 2026	$150
Payroll tax on your salaryirs.gov, 2026 rates	$6,351
Payroll service and tax return (estimate)	$1,800
Federal income taxirs.gov, 2026 rates	$9,608
Yearly cost	$17,909

C corporation

$25,380

+$3,015

$70

Itemized: $25,380

Annual Reportdos.fl.gov, checked Oct 20, 2026	$150
Payroll tax on your salaryirs.gov, 2026 rates	$6,351
Payroll service and tax return (estimate)	$2,000
State corporate income taxfloridarevenue.com, checked Oct 20, 2026	$251
Federal corporate income tax (21%)irs.gov, 2026 rates	$11,405
Federal income taxirs.gov, 2026 rates	$5,223
Yearly cost	$25,380

What these figures count

State income tax, and state taxes on the business itself: franchise, LLC, S corp, gross receipts and excise taxes.
Social Security and Medicare on both sides of an owner salary, federal unemployment tax and the state's new-employer rate.
The 20% qualified business income deduction with its income limits and the professional-service rule.
Yearly report fees, and a cost you can change for payroll and the business tax return.

Many S corp calculators leave out state taxes and the QBI deduction, which can make the election look better than it is.

When an S corp election pays in Florida

Electing S corp tax treatment for an LLC starts to pay in Florida at about $50,000 of profit, with the default salary and $1,800 a year for payroll and the extra tax return.

Profit	Sole prop	LLC	LLC as S corp	C corp
$30,000	$5,181	$5,290	$6,792	$7,217
$50,000	$9,732	$9,839	$9,671	$11,609
$75,000	$15,495	$15,602	$12,071	$16,859
$100,000	$22,365	$22,461	$17,900	$25,380
$150,000	$37,607	$37,705	$30,466	$44,244
$200,000	$53,430	$53,540	$43,792	$62,289
$300,000	$92,125	$92,175	$73,408	$99,838

Single filer, no other income, revenue taken as 1.5 times profit, default salary. The lowest cost in each row is marked.

State fees and taxes in Florida

	LLC	Corporation
Filing to form	$125Articles of Organization (Form CR2E047)	$70Articles of Incorporation (Form CR2E010)	dos.fl.gov
Yearly report	Annual Report, $139 a year	Annual Report, $150 a year	dos.fl.gov
Report due	Between January 1 and May 1, starting the year after formation	Between January 1 and May 1, starting the year after formation

Florida has no personal income tax on wages or business income. floridarevenue.com
C corporations pay 0% to 5.5% of net income. floridarevenue.com
Florida follows the federal S corp election.
New employers pay state unemployment tax of 2.7% on the first $7,000 of each employee's wages. That applies to an owner's salary from an S or C corp. floridarevenue.com
Formation is $100 filing plus $25 registered agent designation. A $400 late fee applies after May 1 and cannot be waived.
Formation is $35 filing plus $35 registered agent designation. A $400 late fee applies after May 1 and cannot be waived.

Not in the calculator: Counties and cities charge a local business tax receipt (Chapter 205, F.S.), usually a flat yearly fee from about $25 to a few hundred dollars depending on location and business type. No local income taxes.

Switching calculators for Florida

By profession in Florida

Questions

Is an S corp worth it in Florida?

On these figures, from about $50,000 of profit. At $100,000 an LLC taxed as an S corp costs $17,900 a year against $22,461 for a plain LLC, $4,561 less. The saving comes from paying Social Security and Medicare tax on a salary instead of on all profit.

How much does an LLC cost per year in Florida?

The state charges Annual Report, $139 a year. Forming one costs $125.

Does Florida recognise the S corp election?

Yes. The federal election carries over with no separate state form. S corporations owe Florida corporate income tax only on income taxed at the federal level (built-in gains, excess passive income), which is not modelled.

What income tax does Florida charge?

Florida has no personal income tax on wages or business income. C corporations pay 0% to 5.5% of net income.

Sources checked 2026-10-20. Each figure links to the state or IRS page it comes from.

Other states