calc_effective_tax_rate: Calculate Effective Tax Rate
In R4GoodPersonalFinances: Make Optimal Financial Decisions

View source: R/calc_effective_tax_rate.R

calc_effective_tax_rate

R Documentation

Calculate Effective Tax Rate

Description

Calculate Effective Tax Rate

Usage

calc_effective_tax_rate(portfolio, tax_rate_ltcg, tax_rate_ordinary_income)

Arguments

`portfolio`	A nested `tibble` of class `Portfolio`.
`tax_rate_ltcg`	A numeric. Tax rate for long-term capital gains.
`tax_rate_ordinary_income`	A numeric. Tax rate for ordinary income.

Value

A portfolio object augmented with nested columns with effective tax rates calculations.

Examples

 portfolio <- create_portfolio_template()
 portfolio$accounts$taxable <- c(10000, 30000)
 portfolio <- 
   calc_effective_tax_rate(
     portfolio,
     tax_rate_ltcg = 0.20, 
     tax_rate_ordinary_income = 0.40
   )
 portfolio$aftertax$effective_tax_rate

R4GoodPersonalFinances documentation built on June 8, 2025, 11:18 a.m.