Municipal Bond Yield Calculator
Compare municipal bond yields to taxable bond yields on an after-tax basis. Enter your federal and state tax rates along with the municipal bond yield to see the taxable-equivalent yield you would need to earn to match the tax-free income from a muni bond.
Inputs
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Results
Tax-Equivalent Yield
4.85%
Muni Annual Income
$3,500
Taxable After-Tax Income
$3,610
Annual Tax Savings
$-110
Taxable bond wins