Key Takeaways
- Nevada has no state personal income tax — LLC owners pay federal income tax on profits only
- Commerce Tax and Modified Business Tax (MBT): Commerce Tax: 0.051%–0.331% (industry-specific) only above $4 million in Nevada gross revenue; MBT: 1.17% on quarterly wages above $50,000, due Commerce Tax due 45 days after the June 30 fiscal year-end (August 14, 2026); MBT filed quarterly
- Sales Tax: 6.85% (combined: 8.375%)
- Annual List of Managers/Members + State Business License Renewal due Last day of the LLC's anniversary month, $150 (Annual List) + $200 (Business License) = $350 total fee
- Federal self-employment tax of 15.3% applies to net LLC profit regardless of state
- Nevada recognizes the federal S-Corp election automatically, with no separate state approval. Because Nevada has no personal or corporate income tax, the election carries zero Nevada income-tax consequence in either direction.
- Same-day formation and compliance filing available through LLC Attorney at no markup on state fees
Nevada's reputation as a tax-friendly state is real — there's no personal or corporate income tax, and no franchise tax that touches most small LLCs. But 'no income tax' doesn't mean 'no cost to stay compliant': every Nevada LLC owes a combined $350/year Annual List and Business License fee, and larger businesses need to watch the Commerce Tax and Modified Business Tax thresholds.
This guide covers exactly what a Nevada LLC owes in 2026: the $350 annual compliance fee that catches founders off guard, when the Commerce Tax and Modified Business Tax actually apply, sales tax rules, and whether an S-Corp election is worth it when there's no state income tax to save on.
Nevada Personal Income Tax on LLC Profit
By default, a Nevada LLC is a pass-through entity — the LLC itself pays no federal or state income tax. Profit flows through to the owners' personal returns, taxed once at the federal level only. Because Nevada has no personal income tax, an LLC owner's share of profit is never taxed twice the way it would be in a state like California or New York.
Nevada has no state personal income tax. Your LLC's profit passes through to your personal federal return, but there is no additional state-level income tax layer on top of it — a meaningful, permanent savings compared to income-tax states.
Nevada's Commerce Tax and Modified Business Tax (MBT)
Nevada has no franchise tax or gross receipts tax that applies to small LLCs by default. The Commerce Tax and Modified Business Tax exist, but they're threshold-triggered — most LLCs starting out will owe $0 on both and don't need to register for either until they cross $4 million in gross revenue or $50,000 in quarterly wages.
Neither tax applies to most small LLCs. The Commerce Tax only kicks in above $4 million in annual Nevada gross revenue, and the industry-specific rate that applies above that threshold ranges from 0.051% to 0.331%. The Modified Business Tax is a payroll tax, not an income tax — it only applies once your quarterly wages paid exceed $50,000, at a general business rate of 1.17% (1.554% for mining and financial institutions). Nevada recognizes the federal S-Corp election automatically, but since Nevada has no personal or corporate income tax, an S-Corp election has zero Nevada income-tax consequence — Commerce Tax and MBT apply identically regardless of entity tax election.
Nevada Sales Tax
The statewide sales tax rate is 6.85%, with combined state-and-local rates running from 6.85% up to 8.375% (Las Vegas/Clark County) or 8.265% (Reno/Washoe County) depending on where the sale occurs. Register through the My Nevada Tax portal before making any taxable sale of tangible personal property.
- State rate: 6.85%, combined: 8.375%
- Registration: My Nevada Tax portal (Form F006 for paper applications), No fee online; $15 per location for paper applications fee with the Nevada Department of Taxation (My Nevada Tax)
- The Department of Taxation assigns your filing frequency based on your estimated sales volume; the sales tax permit does not need to be renewed once issued.
Nevada Annual Report Requirement
Nevada requires every LLC to file Annual List of Managers/Members + State Business License Renewal with the Nevada Secretary of State (via SilverFlume), due Last day of the LLC's anniversary month. Filing fee: $150 (Annual List) + $200 (Business License) = $350 total.
Missing the deadline puts the LLC into default status. After one full year in default, the Secretary of State revokes the LLC's charter entirely — it stops legally existing.
Reinstating a revoked Nevada LLC requires paying every back-year Annual List fee ($150/year) plus a $75 late fee for each back year, and a flat $300 reinstatement fee once the charter has actually been revoked. Reinstatement is barred after 5 consecutive years in revoked status, so this isn't something to let slide indefinitely.
Federal Self-Employment Tax and How Your Nevada LLC Is Classified
Regardless of which state you're in, LLC owners who materially participate in the business owe federal self-employment tax — 15.3% on net profit, covering Social Security (up to the $184,500 (2026) wage base) and Medicare (no cap).
Single-Member LLCs
A single-member Nevada LLC defaults to a disregarded entity for federal tax purposes. You report income and expenses on Schedule C of your personal Form 1040 and compute self-employment tax on Schedule SE. Nevada adds no state income tax filing on top, since none exists.
Multi-Member LLCs
A multi-member Nevada LLC defaults to partnership taxation, filing an informational Form 1065 and issuing each member a Schedule K-1. There's no Nevada-specific filing consequence tied to member count — both structures owe the same $350/year Annual List and Business License fee regardless.
Should Your Nevada LLC Elect S-Corp Taxation?
An S-Corp election lets you split LLC profit into a reasonable salary (payroll-taxed) and distributions (not subject to self-employment tax), once the business is consistently profitable enough to justify the added payroll complexity.
Nevada's treatment: Nevada recognizes the federal S-Corp election automatically, with no separate state approval. Because Nevada has no personal or corporate income tax, the election carries zero Nevada income-tax consequence in either direction.
Since there's no Nevada income tax to save on, the entire S-Corp savings calculus here reduces to the federal self-employment/FICA tax reduction from converting part of your profit into non-SE-taxed distributions — the same math you'd run in any other no-income-tax state. The Modified Business Tax applies to wages paid regardless of entity structure, so it doesn't change the underlying calculation.
Nevada LLC Tax Costs at a Glance
How to Handle Your Nevada LLC's Taxes
If You Do It Yourself
Step 1 — Get your federal EIN before anything else.
Apply for your EIN for free directly at irs.gov — a purely federal application with no Nevada-specific step.
Step 2 — Confirm your default federal tax classification.
A single-member LLC defaults to a disregarded entity (Schedule C); a multi-member LLC defaults to partnership taxation (Form 1065 plus Schedule K-1 for each member). Neither requires a separate election — this is automatic unless you file Form 8832 or Form 2553 to change it.
Step 3 — Skip state income tax registration entirely.
Nevada has no state personal income tax, so there's no state withholding or estimated-payment system to register for on the income side.
Step 4 — Register for sales tax if you sell taxable goods or services.
File My Nevada Tax portal (Form F006 for paper applications) with the Nevada Department of Taxation (My Nevada Tax) at tax.nv.gov, No fee online; $15 per location for paper applications fee. The Department of Taxation assigns your filing frequency based on your estimated sales volume; the sales tax permit does not need to be renewed once issued.
Step 5 — Register for payroll/reemployment tax the moment you hire your first employee.
The moment you hire your first employee, register with the Nevada Department of Employment, Training & Rehabilitation (DETR). The 2026 new-employer UI rate is 2.95% plus a 0.05% Career Enhancement Program surcharge, applied to a taxable wage base of $43,700.
Step 6 — Set up quarterly estimated tax payments.
Because Nevada has no state income tax, your only estimated-payment obligation is federal: if you expect to owe $1,000 or more in federal tax for the year, the IRS expects quarterly estimated payments covering income tax and self-employment tax on your LLC profit.
Step 7 — Calendar your Commerce Tax and Modified Business Tax (MBT) due date.
Commerce Tax and Modified Business Tax (MBT) (Commerce Tax Return; Modified Business Tax Return (Form TXR-021.05)) is due Commerce Tax due 45 days after the June 30 fiscal year-end (August 14, 2026); MBT filed quarterly, Commerce Tax: 0.051%–0.331% (industry-specific) only above $4 million in Nevada gross revenue; MBT: 1.17% on quarterly wages above $50,000. Missing it puts your LLC in bad standing with the Nevada Department of Taxation.
Step 8 — File your Annual List of Managers/Members + State Business License Renewal every Nevada deadline.
Annual List of Managers/Members + State Business License Renewal is due Last day of the LLC's anniversary month with the Nevada Secretary of State (via SilverFlume), $150 (Annual List) + $200 (Business License) = $350 total fee. Missing it triggers $75 late fee on the Annual List plus $100 late fee on the Business License.
Step 8 — Decide whether an S-Corp election makes sense once your LLC is consistently profitable.
Since there's no Nevada income tax to save on, the entire S-Corp savings calculus here reduces to the federal self-employment/FICA tax reduction from converting part of your profit into non-SE-taxed distributions — the same math you'd run in any other no-income-tax state. The Modified Business Tax applies to wages paid regardless of entity structure, so it doesn't change the underlying calculation.
Step 9 — Watch for Nevada-specific tax traps.
The $350/year combined Annual List and Business License fee is the single most commonly missed cost in Nevada — founders often assume Nevada is 'free' because there's no income tax, but it isn't free to stay in good standing. Growing businesses should also keep an eye on the $4 million Commerce Tax threshold and the $50,000-per-quarter Modified Business Tax wage threshold, since 'no income tax' doesn't mean 'no business tax' once you scale.
Step 10 — Keep business and personal finances completely separate.
Commingling funds is the single biggest reason courts pierce the LLC liability shield, and it also makes tax preparation far more error-prone. Run all business income and expenses through a dedicated business bank account and keep receipts.
If LLC Attorney Does It for You
- Submit your information at llcattorney.com — entity classification, expected revenue, and whether you'll be hiring employees or collecting sales tax.
- LLC Attorney obtains your EIN, registers you with the Nevada Department of Taxation and Nevada Department of Taxation (My Nevada Tax) as needed, and sets up your compliance calendar for Annual List of Managers/Members + State Business License Renewal and Commerce Tax and Modified Business Tax (MBT).
- Receive reminders before every deadline through your client portal, plus access to flat-fee attorney consultations (no retainer) when an S-Corp election or multi-state question needs a licensed professional's judgment call.
When Should You Talk to a Tax Professional About Your Nevada LLC?
Nevada's tax picture is straightforward at small scale, but a CPA is worth consulting once you're approaching $4 million in annual gross revenue (Commerce Tax) or paying more than $50,000 in wages per quarter (Modified Business Tax), or if you've let the Annual List and Business License lapse and need to reinstate before the 5-year revocation window closes.
What You Actually Get With LLC Attorney's Nevada Compliance Service
Nevada's $350/year Annual List and Business License fee has real teeth — miss it long enough and the Secretary of State revokes your LLC's charter outright. LLC Attorney's Nevada service keeps that deadline on your radar every year.
- EIN obtained for you at no extra charge.
- State tax and sales tax registration handled as part of formation, starting at $49.
- An ongoing compliance subscription (available through an ongoing compliance subscription — contact LLC Attorney for current pricing) tracks every Nevada deadline — Annual List of Managers/Members + State Business License Renewal, Commerce Tax and Modified Business Tax (MBT), and registered agent renewal.
- Access to professionally trained Business Success Advisors at no charge, plus flat-fee attorney consultations (no retainer) for S-Corp election analysis and multi-state nexus questions.
Nevada's no-income-tax appeal only holds up if you stay current on the $350/year compliance fee — LLC Attorney makes sure that never slips through the cracks.
Get Your Nevada LLC's Taxes Set Up Correctly
Getting your EIN, tax registrations, and compliance calendar right from day one prevents expensive corrections later. LLC Attorney's Nevada formation service starts at $49, and an ongoing compliance subscription (available through an ongoing compliance subscription — contact LLC Attorney for current pricing) keeps you ahead of every deadline after that. See our full pricing for all service tiers.
Frequently Asked Questions
Not in the traditional sense. Nevada has no personal or corporate income tax, and no franchise tax on small LLCs. What it does have is a $350/year combined Annual List of Managers/Members ($150) and State Business License Renewal ($200), plus a Commerce Tax that only applies above $4 million in annual Nevada gross revenue.
Only if you sell taxable tangible personal property in Nevada. Register through the My Nevada Tax portal (no fee online), then collect the statewide 6.85% rate plus applicable local add-ons, which combine up to 8.375% in Las Vegas/Clark County.
Every Nevada LLC must file an Annual List of Managers/Members ($150) and renew its State Business License ($200) together via SilverFlume, both due by the last day of the LLC's anniversary month — $350 total per year.
Missing the deadline adds a $75 late fee to the Annual List and a $100 late fee to the Business License, and puts the LLC into default status. After a full year in default, the Secretary of State revokes the charter entirely. Reinstatement requires paying every back-year fee plus late penalties and a flat $300 reinstatement fee — and it's barred after 5 consecutive years revoked.
Nevada has no state income tax, so an S-Corp election carries zero Nevada tax consequence in either direction. The entire benefit is federal self-employment tax savings from splitting profit into a reasonable salary and distributions — the same calculation you'd run in any no-income-tax state.
A single-member Nevada LLC defaults to a disregarded entity for federal tax purposes — you report income on Schedule C and pay self-employment tax via Schedule SE. Nevada adds nothing on top since there's no state income tax return to file.
If your LLC does business in a state other than the one it's formed in — an office, employees, inventory, or significant sales there — you may have created nexus requiring registration and tax obligations in that state too. This is fact-specific and worth a conversation with a tax professional if you operate in multiple states.
For a typical Nevada LLC with in-state owners and no employees: no state income tax, no franchise tax below the Commerce Tax's $4 million threshold, just the $350/year Annual List and Business License combo, plus federal income tax and 15.3% federal self-employment tax (up to the $184,500 Social Security wage base for 2026). Add 6.85%–8.375% sales tax only if you sell taxable goods.
Yes. LLC Attorney's ongoing compliance subscription tracks your Nevada filing deadlines, handles your Annual List of Managers/Members + State Business License Renewal, and connects you with flat-fee attorney consultations (no retainer) when a tax question needs a licensed professional's judgment call.