The efficiency of thin disk accretion onto black holes depends on the inner
boundary condition, specifically the torque applied to the disk at the las
t stable orbit. This is usually assumed to vanish. I estimate the torque on
a magnetized disk using a steady magnetohydrodynamic inflow model original
ly developed by Takahashi et al. I find that the efficiency epsilon can dep
art significantly from the classical thin disk value. In some cases epsilon
>1, i.e., energy is extracted from the black hole.