T
taxman
I am trying to use an If function in a spreadsheet to check if a person is
married or single and their taxable income is within a certain range then
the tax is calculated. I have pasted the what the formula does but I do not
known how to get the formula to work. Can someone help me create the
following into an if function? Your help is greatly appreciated.
taxman
=IF (Cell D2 = Married) and Cell E35 > $349,700, then (value in Cell E35
minus $349,700 x 35%) + $94601.00),
=IF (Cell D2 = Married) and Cell E35 > $195,850 and < $349,700, then (value
in Cell E35 minus $195,850 x 33%) +$43,830.50),
=IF (Cell D2 = Married) and Cell E35 > $128,500 and < $195,850, then (value
in Cell E35 minus 128,500 x 28%) + $24,972.50),
=IF (Cell D2 = Married) and Cell E35 > $128,500 and < $$63,700, then (value
in Cell E35 minus $128,500 x 25%) + $8,772.50),
=IF (Cell D2 = Married and Cell E35 > $63,700 and < $15,650, then (value in
Cell E35 minus $63,700 x 15%) + $1,565.00),
=IF (Cell D2 = Married and Cell E35 > $0 and < $15,650, then (value in Cell
E35 x 10%),
=IF (Cell D2 = Single and Cell E35 > $349,700, then (value in Cell E35 minus
$349,700 x 35 %) + $101, 469 .25),
=IF (Cell D2 = Single and Cell E35 > $160,850 and < $349,700, then (value in
Cell E35 minus $160,850 x 33%) + $39,148.75),
=IF (Cell D2 = Single and Cell E35 > $77,100 and < $160,850, then (value in
Cell E35 minus $77,100 x 28%) + $15,698.75),
=IF (Cell D2 = Single and Cell E35 > $31,850 and < $77,100, then (value in
Cell E35 minus $31,850 x 25%) + $4,386.25),
=IF (Cell D2 = Single and Cell E35 > $7,825.00 and < $31,850, then (value in
Cell E35 minus $7,825 x 15%) + $782.50),
=IF (Cell D2 = Single and Cell E35 >$0 and < $7,825, then (value in Cell E35
x 10%).
married or single and their taxable income is within a certain range then
the tax is calculated. I have pasted the what the formula does but I do not
known how to get the formula to work. Can someone help me create the
following into an if function? Your help is greatly appreciated.
taxman
=IF (Cell D2 = Married) and Cell E35 > $349,700, then (value in Cell E35
minus $349,700 x 35%) + $94601.00),
=IF (Cell D2 = Married) and Cell E35 > $195,850 and < $349,700, then (value
in Cell E35 minus $195,850 x 33%) +$43,830.50),
=IF (Cell D2 = Married) and Cell E35 > $128,500 and < $195,850, then (value
in Cell E35 minus 128,500 x 28%) + $24,972.50),
=IF (Cell D2 = Married) and Cell E35 > $128,500 and < $$63,700, then (value
in Cell E35 minus $128,500 x 25%) + $8,772.50),
=IF (Cell D2 = Married and Cell E35 > $63,700 and < $15,650, then (value in
Cell E35 minus $63,700 x 15%) + $1,565.00),
=IF (Cell D2 = Married and Cell E35 > $0 and < $15,650, then (value in Cell
E35 x 10%),
=IF (Cell D2 = Single and Cell E35 > $349,700, then (value in Cell E35 minus
$349,700 x 35 %) + $101, 469 .25),
=IF (Cell D2 = Single and Cell E35 > $160,850 and < $349,700, then (value in
Cell E35 minus $160,850 x 33%) + $39,148.75),
=IF (Cell D2 = Single and Cell E35 > $77,100 and < $160,850, then (value in
Cell E35 minus $77,100 x 28%) + $15,698.75),
=IF (Cell D2 = Single and Cell E35 > $31,850 and < $77,100, then (value in
Cell E35 minus $31,850 x 25%) + $4,386.25),
=IF (Cell D2 = Single and Cell E35 > $7,825.00 and < $31,850, then (value in
Cell E35 minus $7,825 x 15%) + $782.50),
=IF (Cell D2 = Single and Cell E35 >$0 and < $7,825, then (value in Cell E35
x 10%).