Tax Equivalent Yield Calculator
Tax Equivalent Yield: a planned Super Calculator tool. Covers tax exempt yield (%). Stub page: the tool, its formula and a worked example are not published yet.
Tax Equivalent Yield Calculator is a planned calculator in the finance section of Super Calculator, covering fixed income.
What this calculator will compute
Inputs: tax exempt yield (%), federal marginal rate (%), state marginal rate (%), in state issue flag and AMT status.
Outputs: taxable equivalent yield (%), after tax yield of a taxable alternative (%) and breakeven taxable yield (%).
Formula, recorded as scope and not yet verified against a primary source: Taxable equivalent yield equals the tax exempt yield divided by (1 - marginal rate), extended for municipal bonds to account for federal exemption, state exemption for in state issues, and the alternative minimum tax status of private activity bonds.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.