Fixed-Income Tax Yield Calculator

Explore how federal, state, local, and other tax assumptions may affect a hypothetical fixed-income yield in taxable accounts.

Results are simplified hypothetical estimates for educational purposes only. Actual tax treatment may vary by holding, jurisdiction, account type, and individual circumstances. ML Stats does not provide tax, legal, or investment advice.

Assumptions

Hypothetical holding

Presets are simplified, editable assumptions. Editing an exemption assumption clears the selected preset to show that the treatment is now user-defined. Presets do not identify or verify any specific security or fund.

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Annualized yield before selected taxes.
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View federal income tax rates and brackets at the IRS.

Tax-exemption assumptions
Advanced assumptions
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Additional investment-income tax is never applied automatically. Enter it only when you want it included in this hypothetical calculation.

Results

Hypothetical tax yield results

Enter a federal tax rate

This tool compares hypothetical yield outcomes and does not calculate or estimate your actual tax liability.

Illustration

Hypothetical fixed-income comparison

Example only, using a 24% federal rate, 8% state rate, and no local or additional tax. This is not a recommendation or an estimate of actual tax liability.

Hypothetical holdingNominalFederal onlyState onlyCombinedTax-equivalent
Fully taxable bond-like5.00%3.80%4.60%3.40%Not applicable
Treasury-like4.20%3.19%4.20%3.19%4.69%
National municipal-like3.20%3.20%2.94%2.94%4.33%
In-state municipal-like3.20%3.20%3.20%3.20%4.71%