BofA Finance LLC Effective Income Tax Rate Reconciliation, Tax Credit, Percent
BofA Finance LLC (BAC) reported Effective Income Tax Rate Reconciliation, Tax Credit, Percent of 17.40% for the 12-month period ending 2024-12-31, per its 10-K filed 2025-02-25.
Financial Statements › Expense Statement › Income Tax
us-gaap:EffectiveIncomeTaxRateReconciliationTaxCredits · last filed 2025-02-25
- BofA Finance LLC effective income tax rate reconciliation, tax credit, percent for fiscal 2024 was 17.40%, a 0.00% change from fiscal 2023.
- BofA Finance LLC effective income tax rate reconciliation, tax credit, percent for fiscal 2023 was 17.40%, a 46.22% increase from fiscal 2022.
- BofA Finance LLC effective income tax rate reconciliation, tax credit, percent for fiscal 2022 was 11.90%, a 6.25% increase from fiscal 2021.
- BofA Finance LLC effective income tax rate reconciliation, tax credit, percent for fiscal 2021 was 11.20%, a 25.83% decline from fiscal 2020.
| Period end | Effective Income Tax Rate Reconciliation, Tax Credit, Percent 12 month | Effective Income Tax Rate Reconciliation, Tax Credit, Percent 12 month as first filed |
|---|---|---|
| 2024-12-31 | 17.40% 10-K · filed 2025-02-25 | |
| 2023-12-31 | 17.40% 10-K · filed 2025-02-25 | |
| 2022-12-31 | 11.90% 10-K · filed 2025-02-25 | |
| 2021-12-31 | 11.20% 10-K · filed 2024-02-20 | |
| 2020-12-31 | 15.10% 10-K · filed 2023-02-22 | |
| 2019-12-31 | 7.20% 10-K · filed 2022-02-22 | |
| 2018-12-31 | 5.50% 10-K · filed 2021-02-24 | |
| 2017-12-31 | 4.80% 10-K · filed 2020-02-19 | |
| 2016-12-31 | 4.80% 10-K · filed 2019-02-26 | |
| 2015-12-31 | 4.90% 10-K · filed 2018-02-22 | |
| 2014-12-31 | 11.90% 10-K · filed 2017-02-23 | 13.80% 10-K · filed 2015-02-25 |
| 2013-12-31 | 5.80% 8-K · filed 2016-11-01 | 5.30% 10-K · filed 2015-02-25 |
| 2012-12-31 | 25.50% 8-K · filed 2015-04-29 |
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