Currently I get paid with a 1099. Is there any legitimate way to save some $ on social security tax if I change from a schedule C to incorporating myself (LLC or S Corp) and then paying myself a salary with the remainder being a distribution?
Your question is beyond the scope of a ddf discussion. Your question depends on many factors.
Don't save the money for a good consultation.
You may save by incorporating but if it's not done correctly it could cost you big time.
I have seen so many ceases where the IRS reclassified and cases that where set up wrongly and the owner over paid. So don't save now on the accounting fee and set it up correctly by getting professional advice.