Take-home pay in New York by business structure

At $100,000 of profit, an owner in New York keeps $77,656 as an LLC taxed as an S corp and $73,192 as a sole proprietor, after 2026 taxes and fees. Change the profit to see your own numbers.

What New York takes from a business owner

• New York taxes personal income in 9 brackets, from 3.9% to 10.9% (2026, single filer).tax.ny.gov, checked Oct 23, 2026
• An LLC pays the state Biennial Statement, $9 every two yearsdos.ny.gov, checked Oct 23, 2026.
• New York LLC annual filing fee (Form IT-204-LL), single-member applies to LLCtax.ny.gov, checked Oct 23, 2026.
• New York S corporation fixed dollar minimum tax (Form CT-3-S) applies to LLC as S corp, S corpnysenate.gov, checked Oct 23, 2026.
• An S corp in New York can elect to pay the state's income tax itself, a pass-through entity tax of 6.85% to 10.9%, and the owner gets a credit for it. The company deducts it on the federal return, so it is not held to the SALT cap. The calculator uses it when it lowers the totaltax.ny.gov.
• An S corp owner on payroll pays New York unemployment tax at 4.025% on the first $17,600 of salary in the first yeardol.ny.gov, checked Oct 23, 2026.

What you keep at each profit

Single filer, no other income, revenue 1.5 times profit, the default salary for S and C corps. The most kept at each profit is green.

More for New York

• All five structures in New York
• Quarterly estimated tax in New York
• LLC vs S corp in New York
• What an LLC costs in New York