Nettra tax for real estate agents

How much of every commission check is already spoken for?

Put in what you've closed this year. You'll get what to set aside from each check, what's due next and when, and whether an S-corp would save you money. It covers 2026 federal tax and all 50 states plus DC.

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Your commissions

Your share after the brokerage split, before expenses.

MLS and board dues, marketing, mileage, desk fees, E&O, phone.

We project the rest of the year at the same pace.

How you're set up
Your business files as

Used for your S-corp numbers and for the comparison below.

Not sure? Estimate a reasonable salary from your closings
Suggested salary: $48,000
Your household
Other earned income

Anything either of you earns outside the real estate business above. Leave a box at zero if it doesn't apply. A K-1 from a partnership you actively work in carries self-employment tax; an S-corp K-1 doesn't.

You

Net of expenses. A side business or 1099 work.

Your spouse

Net of expenses. A side business or 1099 work.

Investment & other income

For the household. On a joint return these are taxed together, so there's nothing to split between the two of you.

Use a minus sign for losses. Net capital losses are capped at $3,000 a year ($1,500 if married filing separately).

Rental profit, royalties, alimony you receive.

Itemized deductions optional

Only matters if these add up to more than the standard deduction. Your state income tax is filled in for you from the projection.

Only the part over 7.5% of your AGI counts.

What you've already paid

Enter each estimated payment you've actually made. Leave a quarter at zero if you skipped it.

FederalState

Form 1040, line 24. We use it for the penalty-safe minimum.

Set aside from every commission check

27%
Calculating…
On a $10,000 commission checkYou keep $7,300
Federal income$0
Self-employment$0
State$0
Yours$0
Jan152027
Pay $0 federal

Quarterly payment plan

DueFederalStateStatus

Estimated tax worksheet

Schedule C or S-corp?

As a sole proprietor
$0
income + self-employment + state tax
As an S-corp
$0
income + payroll + state tax

S-corp tax includes both halves of Social Security and Medicare on your salary. Running costs cover payroll service, state unemployment, and the 1120-S return. The IRS expects a reasonable salary for the work you do.

What this estimate leaves out