Excel Finance MCP

calculate_federal_income_tax

Calculate federal income tax using taxable income and filing status for accurate tax planning and financial reporting.

Instructions

Calculate federal income tax based on taxable income and filing status

Input Schema

Name	Required	Description	Default
`filingStatus`	No		single
`taxableIncome`	Yes

Input Schema (JSON Schema)

{
  "properties": {
    "filingStatus": {
      "default": "single",
      "enum": [
        "single",
        "married_filing_jointly",
        "married_filing_separately",
        "head_of_household"
      ],
      "type": "string"
    },
    "taxableIncome": {
      "type": "number"
    }
  },
  "required": [
    "taxableIncome"
  ],
  "type": "object"
}

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