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There's no one-size-fits-all answer to this because it depends on a variety of factors. However, a common rule of thumb is that if your net income from self-employment is consistently over $40,000 to $50,000 after business expenses, it might be worth considering an S-Corporation.

Here's why: As an S-Corp, you can pay yourself a "reasonable salary" and then take the rest of your income as distributions, which aren't subject to self-employment taxes. But remember, the salary must be reasonable for the work you do - you can't pay yourself a tiny salary and take everything else as a distribution to avoid taxes.

But, converting to an S-Corp also comes with additional costs and responsibilities, like payroll taxes and more complex tax filings. So, it's a balancing act between the potential tax savings and the additional administrative burden.

Remember, this is a general guideline and might not apply to your specific situation. It's always a good idea to discuss this with a tax professional who can provide advice tailored to your circumstances.