After you file


@deeeee wrote:

.....I guess the question is the costs for keeping the S Corp elect vs sole prop and pay the SE tax?


You should be paying yourself a salary for the services you perform for your S corporation, anyway (which would entail paying social security/medicare tax (FICA)), so that probably shouldn't enter the equation to a great extent.

 

You would, of course, save on annual fees and the cost of preparing the 1120-S.