LLC vs S corp in Nevada: which costs less (2026)

At $100,000 profit in Nevada, a single-member LLC costs $22,608 a year in tax and fees and an LLC taxed as an S corp costs $18,906. An LLC taxed as an S corp starts to cost less from about $55,000 of profit.

$3,702 a year

saved by switching from a single-member LLC to an LLC taxed as an S corp in Nevada, at these numbers.

Switching from a single-member LLC to an LLC taxed as an S corp starts to pay at about $55,000 of profit, with the same settings.

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

Item	LLC	LLC as S corp	Change
Annual List of Managers or Members and State Business Licensebizhub.nv.gov, checked Oct 23, 2026	$350	$350	$0
Self-employment taxirs.gov, 2026 rates	$14,080	$0	−$14,080
Federal income taxirs.gov, 2026 rates	$8,178	$9,394	+$1,216
Payroll tax on your salaryirs.gov, 2026 rates	$0	$7,362	+$7,362
Payroll service and tax return (estimate)	$0	$1,800	+$1,800
Yearly cost	$22,608	$18,906	−$3,702

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.

Yearly cost at each profit level

Profit	LLC	LLC as S corp	Difference
$30,000	$5,455	$7,474	+$2,019
$50,000	$10,001	$10,505	+$504
$75,000	$15,765	$12,905	−$2,860
$100,000	$22,608	$18,906	−$3,702
$150,000	$37,851	$31,543	−$6,308
$200,000	$53,691	$44,869	−$8,822
$300,000	$92,253	$74,400	−$17,853

Federal and Nevada tax and fees, single filer, revenue 1.5 times profit, default salary for S and C corps. "Difference" is LLC taxed as an S corp minus Single-member LLC.

What the switch takes in Nevada

Check the business can elect: no more than 100 shareholders, all of them US citizens or residents (no nonresident alien owners), and one class of stock. IRS
File IRS Form 2553 to elect S corp tax treatment, within 2 months and 15 days of the start of the tax year it should apply to. See how the S corp election works.
Register with Nevada as an employer and run payroll for your own salary: federal Forms 941 each quarter, Form 940 and a W-2 each year. New employers pay Nevada unemployment tax at 2.95% on the first $43,700 of wages. oui.doleta.gov See what payroll costs.
Federal return each year: Form 1120-S, due March 15, plus your own Form 1040.
State upkeep each year: Annual List of Managers or Members and State Business License, $350 a year, due Last day of the anniversary month of formation.

What changes between the two

A plain LLC pays self-employment tax of 15.3% on 92.35% of all profit, up to the Social Security wage base of $184,500. Taxed as an S corp, the business pays you a salary, and only the salary carries Social Security and Medicare tax. The rest comes out as a distribution.

The election adds costs: a payroll service, a separate business tax return (Form 1120-S), federal and Nevada unemployment tax on the salary. The calculator counts $1,800 a year for payroll and the return. The IRS expects a reasonable salary for the work, so it cannot be set near zero.

Questions

At what profit does an S corp election pay in Nevada?

About $55,000 a year, on the default salary (40% of profit, at least $30,000 where profit allows) and $1,800 of yearly payroll and return costs. Change the salary in the calculator to see how the point moves.

How much does it save at $100,000 in Nevada?

$3,702 a year: Single-member LLC $22,608, LLC taxed as an S corp $18,906.

Does Nevada recognise the S corp election?

Yes. No separate state form is needed.

More for Nevada

Common cases in Nevada

Other states