How To Calculate

Learn how to calculate anything
Menu
  • bmi
Home
rate
How to Calculate Average Tax Rate.
rate

How to Calculate Average Tax Rate.

Rosemary Njeri

Average tax rate or effective tax rate is the share of income that he or she pays in taxes.

The average tax rate helps the government figure out how much tax was paid overall.

Formula to calculate average tax rate.

Calculate Average Tax Rate.

Example:

Chris earned $70,000 in 2019. He estimates his total tax liability at $15,000. Determine his average tax rate.

Calculate Average Tax Rate.

Therefore, his average tax rate is 21.4%.

Share
Tweet
Reddit
Pinterest
Email
Prev Article
Next Article

Related Articles

How to Calculate IRR in Excel.
IRR is short for internal rate of return. The internal …

How to Calculate IRR in Excel.

How to Calculate Interquartile Range.
What is an Interquartile Range? Before discussing how to calculate …

How to Calculate Interquartile Range.

Leave a Reply Cancel Reply

Popular Posts

    Categories

    learntocalculate.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

    How To Calculate

    Learn how to calculate anything

    Pages

    • About Us
    • Contact Us
    • Privacy Policy
    Copyright © 2023 How To Calculate

    Ad Blocker Detected

    Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

    Refresh