Muni vs Taxable Calculator
Compare after-tax income from a municipal bond versus a taxable bond.
Your numbers never leave your browser — all tax math runs locally, no account, no trackingTry: Muni yield=3.5, Taxable yield=5, Federal bracket=24, State bracket=5, NIIT=0, Investment=10000 → 29.00%, $350, $355, Taxable bond
How to use
Enter both yields and your brackets. The calculator applies your marginal rate to the taxable bond and leaves the muni untaxed, then shows which pays more after tax.
Formula
Muni after tax = amount × muniY; Taxable after tax = amount × taxableY × (1 − marginal).
FAQ
Which wins at high brackets?
The municipal bond, because its interest escapes the top tax rate.
What about risk?
This compares taxes only — match credit quality before deciding.
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