S-Corp Tax Estimator | Salary & Distributions Estimated Tax Calculator (Google Sheets)

Form to sheet: log it in-the-moment on a Google Form on your phone, and the entry lands organized in your Google Sheet. No app, no re-typing. That's how every Ledger & Light tool works.

Know what to set aside on your S-corp distributions — every quarter.

Your S-Corp Tax Estimator is built for owners whose LLC or corporation has elected S-corp taxation. You pay yourself a reasonable salary through payroll and take the rest as distributions, and that split is what changes your tax. Enter your salary once, log business income from your phone as it comes in, and your S-Corp Tax Estimator works out your distributions, the income tax they add on top of your salary, and what to set aside before each IRS due date.

✓ WHAT YOU GET:
• S-Corp Tax Estimator for Google Sheets — your private access link arrives in your instant download
• Setup instruction PDF — delivered with your Etsy download
• Mobile-friendly Log form (open in any browser, no app required) for income, set-asides and quarterly payments

✓ KEY FEATURES:
• A reasonable-salary input that is always your call, made with your CPA or payroll service — the sheet does the arithmetic and never suggests a figure
• Distributions worked out for you from your projected profit before payroll taxes, less your salary and the corporation's half of the payroll tax on it
• A quarterly set-aside scoped to the income tax on your distributions — your payroll withholding covers the salary piece
• A projection that learns your own seasonal pattern once you've logged a full year, with a +/- adjustment on any upcoming quarter
• A quarter-by-quarter reserve grid showing what's due, what you've set aside and what you've paid, with the next payment date and amount always the first thing you see
• State tax rate lookup via the Check State Rate button, with your exact number always yours to enter over it
• An Info tab that explains the S-corp math in plain language, and how to pay the IRS
• Email your complete estimate to your accountant, or export it as a PDF, right from the menu
• Works on any device with a free Google account

✓ HOW IT WORKS:
1. Purchase — download your instruction PDF from Etsy immediately after checkout
2. Open your S-Corp Tax Estimator (link in the PDF), click Make a Copy into your Drive
3. Enter your reasonable salary, filing status and state, then log income and payments from your phone

✓ PERFECT FOR:
• S-corp owners who want their quarterly number without working the math by hand
• Owners of an LLC taxed as an S corporation who pay themselves through payroll
• Anyone who wants one clear estimate to bring to their accountant each quarter

✓ GOOD TO KNOW:
• This estimates YOUR personal quarterly taxes as the owner. Your corporation's payroll is separate, and your payroll service handles it — this sheet does not run payroll.
• The qualified business income deduction is left out, so the estimate runs high and you set aside more rather than less.

Your instruction PDF is available immediately after purchase — no waiting, no shipping.

Estimate it here, confirm with your accountant, then log the confirmed number. This is a planning estimate, not a filing figure — I'm not a CPA and nothing here is tax advice; your accountant has the final word.

The spreadsheet system, formulas, and tax categories are my own original design; AI tools assisted with the decorative illustrations.