tax rate used in "e...
 
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tax rate used in "effective dollars" calculation  

 

Eric Barnhart
(@barnhart575)
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Joined: 2 months ago
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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.


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Stuart Matthews
(@smatthews51)
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Joined: 5 months ago
Posts: 94
 

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


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