Hi

Maybe for first $100 the percent is 47.69%, for next $50 it is 56.93% etc.
Otherwise netto from $100 is $52.31, but from $101 it is $42.50 ???


Arvi Laanemets


"DWright" wrote in message
...
I am constructing a payroll spreadsheet. In the cell that calculates the
Federal TaxI have the following:
=if(i7<100,(i7*.04769)=if(i7101<150,(i7*.05693))) . The value in i7 is 140
and it returns a FALSE in cell i7 instead of a dollar amount.
Any help would be greaatly appreciated.