I think effective tax rates are similar to net worth; not useful other than general interest. I believe total taxes divided by taxable income is the “official” formula for the effective tax rate. I might add a non-taxed income formula to my spreadsheet for interest since this thread caused me to revisit what I track.
Statistics: Posted by Blake7 — Fri Jan 02, 2026 8:27 am — Replies 10 — Views 334