Municipal Bond Tax Equivalent Yield | Calculator

Coupon payments from municipal bonds are not subject to federal income tax, and you can also avoid state income taxes if the bond is issued in your state of residence.

This municipal bond tax equivalent yield calculator will help you determine the yield required by a fully taxable bond to earn the same after tax income as a municipal bond. To learn more about municipal bonds, schedule a free consultation with one of our Certified Financial Planners.

Disclosure Notice:

The figures entered on the input page of this calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are also intended for illustrative purposes only and accuracy is not guaranteed. CalcMoolator LLC is not a tax or legal adviser. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by any institution, nor does this calculator predict or guarantee the actual results of any investment product. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. Please consult with qualified professionals to discuss your situation. On calculators which require you to select an anticipated investment return, consideration should be given to factors affecting your potential return such as investment objectives, risk tolerance, and the time horizon for the investment. Remember, historical performance is no guarantee of future results.