To calculate your effective tax rate, you need two numbers: the total amount you paid in taxes and your taxable income for ...

What's adjusted gross income, also known as AGI? Here's what to know about this important income tax calculation.

Here’s how. How To Calculate Your Effective Tax Rate Since we follow a progressive tax system, different portions of your income are taxed at different rates.

Adjusted gross income is an important number used to determine how much you owe in taxes. It's a factor in determining your federal tax bracket and taxable income -- the portion of your income ...

To calculate the holding period of your stock investments, begin counting on the day after you acquired the stock. Your holding period ends on the day you sell the shares.

Bonds can provide passive income, some of which may be tax-free if you're investing in municipal bonds. The tax-equivalent yield formula can be a useful tool for comparing taxable and tax-free ...

The difference between your effective tax rate and your marginal tax rate -- and how they are both calculated -- are questions that many people have come tax time. With tax season well underway ...

It's smart to calculate your effective tax rate each year to make adjustments to your withholding amount and budget for the year ahead. Your tax preparer may provide you with your effective tax ...