really your trying to compare the schedule c taxes to what yu would pay as an S-Corp
for schedule C income taxes on the net profit, self-employment taxes and possibly a deduction for health insurance
with an S-Corp you must take a reasonable salary and will likely be subject to federal and state UC taxes. as an employee, you may be required to have worker's compensation insurance. for health insurance to reduce your adjusted gross income it has to be in your name - corporation must reimburse you the cost - then it gets added to your taxable wages but becomes a schedule 1 deduction. the other option is it be in the corporation's name and pays directly - same treatment for w-2 and personal purposes. then there's the annual S-Corp return maybe state also. some states tax an S-Corp income others don't. this is not meant to convey all the differences between the two. you probably should consult a tax pro who can better apprise you once they know the numbers.
