A 3.55% tax-free return has a tax-equivalent yield of 5.02% when subject to both federal and state income taxes and 4.55% when exempt from only federal income taxes. <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='1' showFCMenuItem='0' decimals='3' formatNumberScale='0' caption='Tax-Equivalent Yield' xAxisName='' numberPrefix='' bgColor='FFFFFF' showBorder='0' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' numberSuffix='%'><categories><category label='' /></categories><dataset seriesName='Tax Free' color='0B9191'><set value='3.55' /></dataset><dataset seriesName='Federal Tax Equivalent Yield' color='F58127'><set value='4.55' /></dataset><dataset seriesName='State &amp; Federal Tax Equivalent Yield' color='d8d8d8'><set value='5.02' /></dataset></chart>"); // --> </script> <ul><li><a href="what-is-my-potential-estate-tax-liability">What is my potential estate tax liability?</a></li><li><a href="federal-income-tax-calculator">2026 Federal Income Tax Calculator</a></li><li><a href="should-i-adjust-my-payroll-withholdings">Should I adjust my payroll withholdings?</a></li><li><a href="inc04">Will my investment interest be deductible?</a></li><li><a href="self-employment-tax-calculator">How much self-employment tax will I pay?</a></li><li><a href="inc06">Capital gains (losses) tax estimator</a></li><li><a href="inc07">Compare taxable, tax-deferred, and tax-free investment growth</a></li><li><a href="how-much-of-my-social-security-benefit-may-be-taxed">How much of my social security benefit may be taxed?</a></li><li><a href="inc09">What are the tax implications of paying interest?</a></li><li><a href="inc10">Should I itemize or take the standard deduction?</a></li><li><a href="inc11">What is my tax-equivalent yield?</a></li><li><a href="tax-refund-estimator">2026 tax refund estimator</a></li><li><a href="tax-freedom-day">Tax freedom day</a></li></ul><span style="padding-bottom:2px;background-color:#eee;line-height:1.45em;border-bottom:1px dotted;border-top:1px dotted;"><span style="color:#81A41E;font-size:100%;font-weight:700;">&nbsp;FINANCIAL PLANNERS</span> <span style="color:#000;font-size:100%;font-weight:normal;">&ndash; <a href="http://www.plannerportal.com" target="_PP_WINDOW">Affordable Financial Planning Software</a> &ndash; <a href="http://www.plannerportal.com" target="_PP_WINDOW">www.PlannerPortal.com</a></span>&nbsp;&nbsp;</span>