Taxable Equivalent Yield Calculator

The following calculator approximates the taxable equivalent yield of a tax-free investment, such as a treasury bill.

In other words, the "taxable equivalent yield" is the rate one would have to earn from a fully taxable investment in order to match the return provided by the tax-free security.

Annual Interest Rate of Security:   %
Federal Tax Rate:   %
State Tax Rate:   %
Investment is exempt from federal tax:
Investment is exempt from state tax:
Your Total Effective Tax Rate: %
Taxable Equivalent Yield: %

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