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Calculating Income Tax
I have a simple spreadsheet for calculating salaries of workers of a small
business. I have a long nested IF expression for calculating the income tax component. It is working but it is too long and not easy to edit. Is there any way out? Assumption: Income Rate First $150 0% Next $150 5% Next $300 10% Next $2,100 12% Next $2,700 15% Exceeding $6,000 30% Could anyone be of help? Thank you Darkwah |
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