The Tax Equivalent Yield Calculator
The Calculator answers two important financial questions!
1. Are tax free bonds the right investment decision for you?
2. Do taxable bonds return a higher yield in your tax bracket?
The Tax Equivalent Yield Calculator (TEY) compares the yield of a tax free bond to a taxable bond to determine which security returns the higher yield. The calculator takes into consideration the marginal federal and state tax rates of the investor. The resulting equivalent yields are computed for each of the following bond types:
* In-State Municipal bonds
* Out-of-State Municipal bonds
* Treasury & Agency bonds
* Fully Taxable bonds i.e. Corporate bonds and Certificate of Deposits
A must have tool for serious investors!
Simply key in your marginal tax rates.
Enter the bond's yield. S
elect the matching bond type. P
A complete set of tax equivalent yields are rendered, which are needed to make the right financial decision.
Requires IOS 9, 10 or 11
Requires macOS 10.10, 10.11, 10.12 or 10.13.
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