under 35 k profit LLC online sales what is % of tax for sole properitor in Tx

In Texas, there is **no personal income tax** and **no state-level corporate income tax** for most small businesses. Texas also has a "Franchise Tax," but you will owe **$0** because your revenue is well below the current $1.23 million no-tax-due threshold (though you must still file an information report). For Federal taxes, assuming you are a **Sole Proprietorship or Single-Member LLC**, your $35,000 profit is subject to two main taxes: 1. **Self-Employment Tax (Social Security & Medicare):** This is approximately **14.1%** of your net profit. On $35,000, this is roughly **$4,945**. 2. **Federal Income Tax:** After the standard deduction ($14,600 for singles in 2024) and the QBI deduction, your taxable income would be roughly $13,000–$15,000. This falls into the 10% and 12% brackets. You would likely owe roughly **$1,300–$1,500**. **Total Estimated Liability:** Approximately **$6,200 to $6,500**. **Strategy Tip:** At $35,000 profit, a standard LLC (Sole Prop) is usually best. Converting to an **S-Corp** typically does not save money until your profits exceed $60,000–$70,000 due to administrative costs and payroll taxes.