tax rate used in "e...
Clear all

tax rate used in "effective dollars" calculation  


Eric Barnhart
New MemberCustomer
Joined: 2 months ago
Posts: 1
Topic starter  

Is the tax rate used to convert absolute dollars to effective dollars just the average of the Federal marginal rate shown in the taxes tab, or does it include all four types of taxes shown in the taxes tab (Federal, State, AMT, and SS/Medicate/NIIT)?

The same question applies to the calculation of the Effective tax rate.

Topic Tags
Stuart Matthews
Joined: 5 months ago
Posts: 94

It uses the average Federal marginal rate as shown on the Taxes tab.