TaxEquiv

Tax Equivalent Yield Calculator New York

TEY including New York’s ~10.9% top state bracket.

Your numbers never leave your browser — all tax math runs locally, no account, no tracking
%
%
%
%
$

Try: Tax-exempt yield=3.5, Federal bracket=24, State bracket=10.9, NIIT=0, Investment=10000 → 3.50%, 34.90%, 5.38%, $350, 5.38%

How to use

New York’s high state bracket, plus its city tax, makes munis especially valuable for residents.

Formula

TEY = y ÷ (1 − (federal + 10.9%))

FAQ

NYC residents?

New York City adds its own tax on top, raising the marginal rate further.

Related calculators