<<TR = (Federal Tax Rate + State Tax Rate) =(0.28 + 0.09)>>Assuming one itemizes, don't you have to account for the deductiblity of state income taxes on the federal return:TR = (Federal Tax Rate + State Tax Rate) =[0.28 + 0.09(1-0.28)]??
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra