if then formula in excel with multiple conditions

Before we are ready to copy down to Ralf and Kurt, we need to fix all cell references in the formula that must remain unchanged, in other words, any cell reference that is not B9. This still will not provide a complete fix. The formula so far would then look like this = IF ( B9 < E5, B9 * C4, IF ( B9 < E6, B9 * C5, B9 * C6 ) ) This is not, of course, the way real income tax is calculated but it servers to demonstrate the uses of nested IF formulas. The IF function can be combined with logical functions like AND and OR to extend the logical test. More than one condition can be tested by nesting IF functions. For example, to 'pass' scores above 70: IF (A1>70,'Pass','Fail'). This we do by adapting our formula so that, again written out, it says =IF(salary is less than $29,100, then multiply by the income tax % of tax band 1, however! IF (this is not the case and.(salary is less than $72,000 - the limit of tax band 2 - then multiply by band 2 income tax %, or if salary is greater than $72000, use tax band 3 for % calculation)) The IF function runs a logical test and returns one value for a TRUE result, and another for a FALSE result. To do this we need to add a nested IF statement that tells Excel what to do if a salary is equal to or greater than the tax band 2 threshold, and the same for tax band 3.

In C9, the formula written out will be =IF(salary is less than $29,100, then multiply by the income tax % of tax band 1) (Here we are using numeric values in E5 and E6 so that B4 to B6 can be formatted as text)įirst, the formula does not take into account what should happen if a salary is greater than tax band 1. First, we need a formula that compares her total salary with the relevant tax band maximum, and then calculates her income based on the relevant tax percentage. The second offers a number of employee salaries as is usually the case, the more you earn, the more you are taxed. After clicking ok function arguments window will be open this window have three boxes the first one is. As you click on insert function the insert function window will open now select a function and click ok.

The first table refers to income tax bands and their associated % calculation and thresholds. Open the file which have the data you want to judge once you have the file choose formulas and then click on insert Function. The basic syntax of an IF statement describes a comparison between values and follows =IF(logical _ test,, ) Let's see how we can use IF in an Excel formula.īelow, we can see two tables. An IF statement simply sates that if a condition is true, then do this., if false, then do that. In Microsoft Excel, the IF function is one of the most common and most useful. Excel Formula Help – nested IF statements for calculating employee income tax

If then formula in excel with multiple conditions