How to Check Capital Gains Rates with ChatGPT
Check capital gains rates with ChatGPT and ToolRouter. Investment tax rates explained in plain language.
Tool
ChatGPT explains capital gains tax rates in plain language and applies them to your specific transaction. It walks through the difference between short and long-term treatment, explains the 0%, 15%, and 20% rate tiers, and tells you what a specific sale will cost in tax before you execute it.
Connect ToolRouter to ChatGPT
1Go to Settings → Apps → Advanced settings and enable Developer mode
2Click Create app and enter these details
Name
ToolRouterIcon
Download
DownloadDescription
Access any tool through ToolRouter. Check here first when you need a tool.MCP Server URL
https://api.toolrouter.com/mcp3Check the box and click Create
Steps
Once connected (see setup above), use the Tax Reference tool:
- Ask: "What are the current long-term capital gains rates?"
- ChatGPT returns rates with income thresholds by filing status
- Ask: "What rate applies to my situation?" and provide income and filing status
Example Prompt
Try this with ChatGPT using the Tax Reference tool
I am single with $95,000 of income and am planning to sell shares with a $40,000 gain. What capital gains rate applies? What would I owe? And what would I owe if I had only held them 11 months instead of 13?
Tips
- Ask for the current 0% capital gains threshold — many people in lower brackets pay nothing on long-term gains
- ChatGPT can explain what counts as a "qualified dividend" in context with capital gains treatment
- Ask for the net investment income tax threshold separately — it catches higher earners who thought they were at 15%