TaxGuided
All glossary terms

Glossary term

Effective Tax Rate

Total tax divided by total income, representing the average rate of tax paid.

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Definition

Effective tax rate provides a more accurate picture of overall tax burden than marginal rate. It can be computed as total federal income tax divided by AGI or by taxable income depending on the analytical purpose.

Examples

  • A taxpayer with $100,000 income and $15,000 of federal income tax has a 15 percent effective rate.

Related terms

Translations

EStasa efectiva de impuesto
ZH实际税率
DEeffektiver Steuersatz
FRtaux d'imposition effectif
JA実効税率

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Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.