Learn how to calculate your effective tax rate using Microsoft Excel, what income tax rates to apply to your earned income, and what tax percentage applies to each span.

This concept plays a key role in tax planning, and understanding your marginal tax rate can guide more tax-efficient investment choices.

Learn how to calculate the discount rate in Microsoft Excel, what the discount factor is, and how the discount rate and discount factor compare.

Your marginal tax rate will also be affected by your filing status, … Continue reading → The post How to Calculate the Marginal Tax Rate appeared first on SmartAsset Blog.

Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your effective tax rate each year to help you make adjustments to your ...

It’s the percentage of your taxable income you pay in taxes. To calculate your effective tax rate, find your total tax on your income tax return and divide it by your taxable income.

Tax season doesn’t have to be a headache. With the power of Excel, small business owners can streamline their tax preparation, saving time and reducing stress.