It’s the percentage of your taxable income you pay in taxes. To calculate your effective tax rate, find your total tax on your income tax return and divide it by your taxable income. Your ...

The self-employment tax rate — a combination of Social Security and Medicare taxes — is 15.3%. You'll use Schedule C to calculate net earnings and Schedule SE to calculate how much tax you owe.

You can find out the total amount of property tax ... by multiplying the assessed value of a property by the local tax rate. The assessed value is determined through evaluations by tax assessors ...

You don't want to get halfway through your taxes only to find you're missing critical info This story is part of Taxes 2025, CNET's coverage of the best tax software, tax tips and everything else ...

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 ...

or marginal tax rate. How to calculate your marginal tax rate Figuring out your marginal tax rate is often fairly simple. Once you know how much taxable income you have, you'll just need to review ...