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Default If statement with 9 sequences.. problem

Hello everybody,

I currently have an IF statement w/8 sequences and it is working properly.
I'm doing this for tax purposes. When I try to add one more sequence, it
doesn't work. basically I just want to say If B4<529,0. I want it to return
a value of zero if cell B4 is < 529.

This is my current formula:
=IF(B15<943,(B15-529)*0.1,IF(B15<2914,(B15-942)*0.15,IF(B15<3618,(B15-2913)*0.25,IF(B15<4772,(B15-3617)*0.27,IF(B15<5580,(B15-4771)*0.25,IF(B15<8347,(B15-5579)*0.28,IF(B15<14670,(B15-8346)*0.33,IF(B1514669,(B15-14669)*0.35,0))))))))

Please help!!!

Thanks!
Daisy

 
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