Ask an AI Accountant

A free tool by

Question
My taxable income is $380,000 and my filing status is single.
AI accountant’s answer:
Based on your taxable income of $380,000 and filing status as single, here's a breakdown of how your federal income tax would be calculated for the 2022 tax year: The tax brackets for single filers in 2022 are: 1. 10% on income up to $10,275 2. 12% on income between $10,276 to $41,775 3. 22% on income between $41,776 to $89,075 4. 24% on income between $89,076 to $170,050 5. 32% on income between $170,051 to $215,950 6. 35% on income between $215,951 to $539,900 7. 37% on income over $539,901 To calculate your tax: 1. 10% of $10,275 = $1,027.50 2. 12% of ($41,775 - $10,276 + 1) = $3,779.88 3. 22% of ($89,075 - $41,776 + 1) = $10,405.78 4. 24% of ($170,050 - $89,076 + 1) = $19,434.96 5. 32% of ($215,950 - $170,051 + 1) = $14,687.68 6. 35% of ($380,000 - $215,951 + 1) = $57,417.15 Now add up all the calculated taxes: $1,027.50 + $3,779.88 + $10,405.78 + $19,434.96 + $14,687.68 + $57,417.15 = $106,752.95 Your estimated federal income tax for the 2022 tax year would be approximately $106,752.95. Keep in mind that this is a rough estimate and may not include any credits, deductions, or other factors specific to your tax situation.
Comment from reviewer
David Bailey, EA, MBA
Not Correct.
Icon check
Looks good

Keeper’s AI Accountant

This AI accountant is powered by GPT-4, but has up-to-date knowledge of tax law. It’s been trained on federal and state tax updates for 2023. With credentialed tax professionals fact-checking its responses, it applies IRS rules to real-world situations.

Find write-offs.
File taxes.

Keeper helps independent contractors and freelancers discover tax deductions and file taxes.

Get started

Ask an AI Accountant

A free tool by

Question
This is some text inside of a div block.
AI accountant’s answer:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Comment from reviewer
This is some text inside of a div block.

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Not Correct.
Icon check
Looks good

Keeper’s AI Accountant

This AI accountant is powered by GPT-4, but has up-to-date knowledge of tax law. It’s been trained on federal and state tax updates for 2023. With credentialed tax professionals fact-checking its responses, it applies IRS rules to real-world situations.

Find write-offs.
File taxes.

Keeper helps independent contractors and freelancers discover tax deductions and file taxes.

Get started