I Asked Microsoft Copilot to Calculate My TAXES

Filing taxes? I put Microsoft Copilot to the test to see if it could accurately calculate my 2025 federal tax liability.

In this video, I first walk through how to manually calculate your tax using Excel and the 2025 federal tax brackets for married filing jointly. Then I ask Copilot the same question to verify its accuracy.

What you'll learn:
- How to find your taxable income on IRS Form 1040 (Line 15)
- How the US federal tax brackets work
- Step-by-step tax liability calculation in Excel
- How to prompt Microsoft Copilot for tax calculations
- The difference between the marginal tax rate and the effective tax rate

Copilot correctly identified that I hadn't provided my filing status and asked for clarification before calculating.

This is a practical demonstration of how AI tools like Copilot can assist with personal finance calculations when you provide accurate inputs.

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Chapters:
0:00 - Intro
0:21 - Part 1: calculate tax in Excel
0:45 - Step 1: choose your filing status
0:54 - Step 2: find your taxable income
1:29 - Step 3: find your tax bracket
2:03 - Calculate the tax amounts
2:26 - Total tax liability result
2:45 - Part 2: test Microsoft Copilot
3:23 - Enter the prompt
3:42 - Copilot asks for missing info
3:53 - Review Copilot's calculation
4:23 - Marginal vs effective tax rate
4:52 - Conclusion

DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links I provide, I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel, so I can continue to provide you with free content each week!

Видео I Asked Microsoft Copilot to Calculate My TAXES канала Chris Menard