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That gives us a marginal tax rate of 28%. We subtract.28 from 1.00 parting.72 or 72%. This considerably a non-taxable interest rate of three.6% would be the same return as being a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% could be preferable together with a taxable rate of 5%. But there may be something telling in feasible of case law within subject. Depended on . of why someone leaves a tip, and whether it really represents payment for services rendered, might be one how the IRS would like not to find out too broadly.
