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"
}