# Tax Bracket Calculator AI Agent Connect

> Calculate marginal and effective tax rates, standard deductions, and capital gains.

## Overview
- **Category:** finance
- **Price:** Free
- **Endpoint:** https://edge.vinkius.com/vk_preview_HMWU8fPjdT3KElrq7kcrta6s1qUfhWTRBibAuqZQ/ai-agent-connect
- **Tags:** tax, finance, usa, income, calculator

## Description

This MCP server provides precise tax calculations for US federal income tax. It connects AI agents to tools like `calculate_tax_liability` to determine total tax owed, `get_tax_brackets` to view progressive income segments, and `get_standard_deduction` to find applicable income shields. The server accounts for filing status, tax year, and handles capital gains rates separately from ordinary income to provide accurate effective and marginal tax rates.

## Tools

### calculate_tax_liability
Calculate total tax liability including ordinary and capital gains tax

### get_standard_deduction
Retrieve the standard deduction amount for a specific filing status and year

### get_tax_brackets
Retrieve progressive tax brackets for a specific filing status and year

## Prompt Examples

**Prompt:** 
```
What is my total tax liability if I have $75,000 in ordinary income and $5,000 in capital gains as a single filer in 2024?
```

**Response:** 
```
For a single filer in 2024 with $75,000 ordinary income and $5,000 capital gains, your total tax owed is $8,645.00, with an effective tax rate of 11.53%.
```

**Prompt:** 
```
Show me the tax brackets for a married filing jointly status for the 2023 tax year.
```

**Response:** 
```
The 2023 tax brackets for Married Filing Jointly are: 10% on income up to $22,000, 12% on income between $22,001 and $89,450, 22% on income between $89,451 and $190,750, and so on.
```

**Prompt:** 
```
How much is the standard deduction for Head of Household in 2024?
```

**Response:** 
```
The standard deduction for Head of Household in 2024 is $21,900.
```

## Frequently Asked Questions

**How does this tool handle different filing statuses?**
The `calculate_tax_liability` tool uses the provided filing status (Single, Married Filing Jointly, Married Filing Separately, or Head of Household) to select the correct standard deduction and progressive tax brackets for the specified tax year.

**Does it account for capital gains?**
Yes, you can provide capital gains as an optional input to `calculate_tax_liability`. The tool calculates capital gains tax using the appropriate 0%, 15%, or 20% rates based on your total income.

**Can I check the standard deduction for a specific year?**
Yes, use the `get_standard_deduction` tool by providing your filing status and the desired tax year to see how much income is shielded from taxation.