Tax-Equivalent Yield Calculator
Compare municipal bond yields to taxable bonds. See the equivalent taxable yield for your tax bracket.
Tax-Equivalent Yield
4.93%
What a taxable bond must yield to match
Tax-Free Yield
3.50%
Municipal bond yield
Yield Comparison
| Tax-Free Muni Bond Yield | 3.50% |
| Federal Tax Bracket | 24.0% |
| State Tax Rate | 5.0% |
| Combined Tax Rate | 29.0% |
| Tax-Equivalent Yield | 4.93% |
| Effective Tax Advantage | +1.43% |
A taxable bond would need to yield 4.93% to match the after-tax return of this 3.50% municipal bond, given your 29.0% combined tax rate.
Use the Tax-Equivalent Yield Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
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