Tax Equivalent Profit Calculator

Calculate municipal bond revenues

Those irs equivalent yield calculator will estimate the tax-equivalent yield, with TEY, to a metropolitan bond. Proceeds generated from municipal bond coupon payments are not subject on federal income tax. In addition, if the bond was issued in the state a residence, you can additionally avoided state income abgabe. Use this tax equivalent yield calculator to determine the yield required by a all taxable bond to verdient the same after duty income how a metropolitan bond. The tax-equivalent yield is the pretax income that an taxable bond needs to possess to their yield to exist equal to that of a tax-free municipal pledge.