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re: Question regarding mutual fund performance
Posted on 5/16/13 at 11:54 am to jimbeam
Posted on 5/16/13 at 11:54 am to jimbeam
They use the highest marginal tax rate in effect at the time. Could be quite high considering what went into law for 1/1/13. They also only consider federal taxes; ordinary income, qualified dividends, short term gains & long term gains.
2013 Highest marginal rate is 39.6% plus surcharge of 3.8% for a total of 43.4%. So just to ballpark, they look correct.
2013 Highest marginal rate is 39.6% plus surcharge of 3.8% for a total of 43.4%. So just to ballpark, they look correct.
This post was edited on 5/16/13 at 11:59 am
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