Uploaded March 2026 | Updated September 2026, 2 weeks ago
๐ Start Your LLC Here: bit.ly/Start_Your_LLC
How To Pay Yourself as an LLC in 2026 (Step by Step Guide)
If you started an LLC and your business is making money, the next question is: how do you actually pay yourself?
In this video, I break down exactly how to pay yourself from an LLC step by step. Youโll learn the three main ways LLC owners get paid, including ownerโs draw, distributions, and salary, depending on your business structure.
A lot of new business owners make mistakes when paying themselves, especially when it comes to taxes. This can lead to unnecessary tax issues or accounting problems. But once you understand how your LLC is taxed, the process becomes simple.
Iโll explain how single member LLCs, multi-member LLCs, and LLCs taxed as an S corp all handle owner pay differently, and when you should or should not pay yourself a salary.
By the end of this video, youโll know exactly how to pay yourself the right way and avoid common mistakes.
Timestamps:
00:00 โ How to Pay Yourself From an LLC
00:31 โ The 3 Ways LLC Owners Get Paid
00:59 โ Why LLC Pay Is Different From a Job
01:28 โ How LLC Taxes Affect How You Pay Yourself
02:00 โ Single Member LLC (Ownerโs Draw Explained)
02:30 โ What Is an Ownerโs Draw?
03:05 โ Example of Paying Yourself
03:36 โ Taxes on LLC Income (Important)
04:10 โ How Much to Save for Taxes
04:44 โ Multi-Member LLC (Distributions Explained)
05:18 โ Schedule K-1 Breakdown
05:49 โ LLC Taxed as S Corp (Salary + Payroll)
06:18 โ Payroll, W-2, and Distributions
06:47 โ Why You Must Separate Business & Personal Finances
07:16 โ Full Recap (All 3 Methods)
07:44 โ Final Tips for LLC Owners
๐ Start Your LLC Here: bit.ly/Start_Your_LLC
How To Pay Yourself as an LLC in 2026 (Step by Step Guide)
If you started an LLC and your business is making money, the next question is: how do you actually pay yourself?
In this video, I break down exactly how to pay yourself from an LLC step by step. Youโll learn the three main ways LLC owners get paid, including ownerโs draw, distributions, and salary, depending on your business structure.
A lot of new business owners make mistakes when paying themselves, especially when it comes to taxes. This can lead to unnecessary tax issues or accounting problems. But once you understand how your LLC is taxed, the process becomes simple.
Iโll explain how single member LLCs, multi-member LLCs, and LLCs taxed as an S corp all handle owner pay differently, and when you should or should not pay yourself a salary.
By the end of this video, youโll know exactly how to pay yourself the right way and avoid common mistakes.
Timestamps:
00:00 โ How to Pay Yourself From an LLC
00:31 โ The 3 Ways LLC Owners Get Paid
00:59 โ Why LLC Pay Is Different From a Job
01:28 โ How LLC Taxes Affect How You Pay Yourself
02:00 โ Single Member LLC (Ownerโs Draw Explained)
02:30 โ What Is an Ownerโs Draw?
03:05 โ Example of Paying Yourself
03:36 โ Taxes on LLC Income (Important)
04:10 โ How Much to Save for Taxes
04:44 โ Multi-Member LLC (Distributions Explained)
05:18 โ Schedule K-1 Breakdown
05:49 โ LLC Taxed as S Corp (Salary + Payroll)
06:18 โ Payroll, W-2, and Distributions
06:47 โ Why You Must Separate Business & Personal Finances
07:16 โ Full Recap (All 3 Methods)
07:44 โ Final Tips for LLC Owners
