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 ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

If you stare blankly in confusion when reading the phrases “marginal tax rate” or “effective tax rate,” or can’t remember the difference between the two, a refresher might be in order, as knowing ...

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Effective tax rate is your average tax rate as a percentage of total income. Marginal tax rate is the tax on your highest dollar earned, not your total income. Historically, top marginal rates have ...

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 ...

Text Callout : Key Takeaways - How to Calculate Your Effective Tax Rate Your effective tax rate is a good indicator of how well you’ve been managing your tax situation. It’s smart to calculate your ...

Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year. Your effective tax rate is different from your tax bracket. It’s the ...