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S corp tax rate

Asked by: Patrick - 31 October, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 What is the tax rate for S corporations?
Answered by: Wray Rives - 11 November, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/1305.jpg-1cc483208a3f52a83fad915f0d4a4521 Patrick,

S-corporations generally do not pay income tax themselves. Rather all the earnings and profits from the S-corporation flow through to the individual owners who pay income taxes based on their individual tax rates.

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