You could try:
=IF(A5DATEVALUE("09/30/2005"),DATEVALUE("2/1/2006"),DATEVALUE("1/1/2006"))
format result as Date

Hope this helps
Rowan

Simone wrote:
I need use the if function to do the following:
if the hire date is greater than 9/30/2005, then the date should be
2/1/2006, otherwise the date should be 1/1/2006.

I have been using the following, if(A59/30/2005, 2/1/2006, 1/1/2006), but
it changes every date to 1/1/2006 including dates greater than 9/30/2005.

Please help!