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Ask ten people a person's can discharge tax debts in bankruptcy and shortly get ten different answers. The correct answer will be the fact you can, but only if certain tests are met. Next, subtract the decimal equivalent rate from 2.00. Multiply this sum by the decimal equivalent yield. Using the same example, for a pre-tax yield of.044 nicely rate to.25 (25%), your equation is (1.00 1 ).25) x.044 =.033, for an after tax yield of 3.30%. This is determined by multiplying the after tax yield by 100, in order to express it as being a percentage.

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