Nested If statements returning a sum calculation
 

At this point I am using this formula to return a dollar amount.

=If(a4="income",e4)+if(a5="income",e5)...excel will only let me put in 25
but I need at least 50 of these statements. I am trying to create a running
balance sheet that updates my monthly budget. however, when my input passes
row 25 then nothing gets calculated.

I need a formula that will say:
if "INCOME" is chosen from a list then return the amount of the credit.
Then add all "INCoME" credits in the chart.

I tried Countif also, but it only returned how many "INCOME" are in the
column.

Nested If statements returning a sum calculation
 

One way:

=SUMPRODUCT(--(A4:A53="income"),E4:E53)

In article ,
arkage wrote:

At this point I am using this formula to return a dollar amount.

=If(a4="income",e4)+if(a5="income",e5)...excel will only let me put in 25
but I need at least 50 of these statements. I am trying to create a running
balance sheet that updates my monthly budget. however, when my input passes
row 25 then nothing gets calculated.

I need a formula that will say:
if "INCOME" is chosen from a list then return the amount of the credit.
Then add all "INCoME" credits in the chart.

I tried Countif also, but it only returned how many "INCOME" are in the
column.