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Revision as of 19:01, 24 August 2026

Note: This writer is not CPA or tax commercial. This article is for general information purposes, and needs to not be construed as tax points. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation.

For example, most of individuals will along with the 25% federal income tax rate, and let's guess that our state income tax rate is 3%. Gives us a marginal tax rate of 28%. We subtract.28 from 1.00 leaving.72 or 72%. This means which non-taxable fee of two.6% would be the same return as a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% might possibly be preferable to taxable rate of 5%.

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