Owner's draw paystub template
Single-member LLC and sole-proprietor owners don't receive wages — they take draws. This template records them cleanly.
How an owner's draw differs from payroll
If you operate as a sole proprietor or a single-member LLC taxed as a disregarded entity, you do not pay yourself W-2 wages. You move money from the business account to your personal account — a draw. There is no payroll withholding because there is no employer-employee relationship from the IRS's perspective.
An owner's-draw stub documents these transfers: the period, the gross draw, any voluntary set-aside for quarterly estimated taxes, and the net cash that landed in your personal account. It pairs with your Schedule C at year end.
Banks and landlords often ask sole proprietors for a combination of draw records, a Schedule C, and bank statements. The stub is the period-level evidence in that stack.
Honest, legitimate use only
These templates are for documenting income you actually earned. They are not 'fake stub' tools. We don't guarantee that any lender or landlord will accept a self-prepared document, and we don't recommend submitting one without supporting evidence like a tax return and bank statements.
Frequently asked questions
Can a sole proprietor write themselves a pay stub?
You can produce a draw record. It isn't a W-2 paycheck — there's no withholding because owner's draws aren't wages — but it is a legitimate ledger of money moved from the business to you.
Do I withhold taxes on a draw?
No. Draws don't have payroll withholding. You pay self-employment tax and income tax via quarterly estimated payments on Form 1040-ES.
Is an owner's draw the same as a salary?
No. A salary is W-2 wages with withholding and an employer side; a draw is a transfer of equity from the business to its owner. They are taxed differently.