r/InsuranceAgent•
wt168048

Taxes

Commissions/Pay

Is anyone in here paid as a 1099, and has set themselves up as an S-Corp?

Thinking I need to get this done to help with taxes.

Is the best route to set up an LLC, then send in Form 2553 to the IRS to be taxed as an S-Corp?

And if this is the route, do I have the agency pay me personally, or pay my LLC? Or does it matter?

Posted Jun 8, 2026, 4:35 PM UTC

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