C Corporation Tax Strategy Calculator

C Corporation Tax Strategy Calculator (2024)

Unlock Key Corporate Tax Benefits

This interactive tool helps you calculate and understand the most important deductions for C Corporations, including the powerful Dividends-Received Deduction (DRD).

Dividends-Received Deduction (DRD) Calculator

Enter your corporation's income details to see how the DRD can significantly reduce your taxable income. The tool automatically applies the ownership percentage rules and the taxable income limitation.

Gross Income

Business Deductions

Dividend Income

Ownership % of Payor Less than 20% 20% to 79.9% 80% or more

Taxable Income Before DRD

Allowed DRD

Final Taxable Income

Charitable Contribution Limit

Corporations can deduct charitable gifts up to 10% of their taxable income. Calculate your limit below.

Taxable Income (before DRD & CC)

Amount of Contribution

Deductible Amount:

Carryover to Next 5 Yrs:

Capital Loss Rules

Unlike individuals, C-Corps cannot deduct net capital losses from ordinary income. Losses can only offset capital gains.

Unused Net Capital Loss?

⇦

Carry Back

3 Years

⇨

Carry Forward

5 Years

Startup & Organizational Costs

You can immediately expense up to $5,000 for each category, with the rest amortized over 15 years.