Find the taxable yield needed to match a municipal bond's after-tax income.

This equivalent yield is only one part of the decision. Before you buy, consider:
The taxable yield needed to match a muni bond's return
How your tax bracket affects the comparison
Whether munis or taxable bonds are the better fit for you
How state tax treatment factors into the decision
Whether the tax advantage justifies a lower stated yield
How to Use This Calculator
Enter the municipal bond yield: Input the stated yield on the municipal bond.
Add your tax rate: Enter your combined federal and state marginal tax rate.
Confirm bond details: Include any state-specific tax treatment that applies.
Review the equivalent taxable yield: See the taxable yield needed to match the muni bond's after-tax return.

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