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IF Formula Closing Bracket is a issue for me

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    IF Formula Closing Bracket is a issue for me

    =round(if(((today()-e3)/365)<60,if(bb3<=250000,0,if(bb3<=500000,((bb3-250000)*5%),if(bb3<=750000,((bb3-500000)*10%+12500),if(bb3<=1000000,((bb3-750000)*20%+37500),if(bb3<=1250000,((bb3-1000000)*25%+75000),if(bb3<=1500000,((bb3-1250000)*30%+125000),((bb3-1500000)*30%+187500)))))),0),if(((today()-e3)/365)>80,if(bb3<=500000,0,if(bb3<=750000,((bb3-500000)*10%),if(bb3<=1000000,((bb3-750000)*15%+25000),if(bb3<=1250000,((bb3-1000000)*20%+62500),if(bb3<=1500000,((bb3-1250000)*25%+112500),((bb3-1500000)*30%)+175000)),if(bb3<=300000,0,if(bb3<=500000,((bb3-300000)*5%),if(bb3<=750000,((bb3-500000)*10%+10000),if(bb3<=1000000,((bb3-750000)*15%+35000),if(bb3<=1250000,((bb3-1000000)*20%+72500),if(bb3<=1500000,((bb3-1250000)*25%+122500),((bb3-1500000)*30%+185000))))),0)
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    Re: IF Formula Closing Bracket is a issue for me

    Welcome to the forum.

    What closing bracket issue are you talking about?
    Ali


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    Re: IF Formula Closing Bracket is a issue for me

    This looks like a variable rates problem
    Much simpler like this http://www.mcgimpsey.com/excel/variablerate1.html

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    Re: IF Formula Closing Bracket is a issue for me

    I try to apply the multiple if condition to calculate the tax where in its say the error as "Your formula is missing a parenthesis--) or (.check the formula,and than add the parenthesis in the appropriate place"
    Please guide me what needful can be done - BB3 cell is Total Taxable value from that this formula should apply.

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    Re: IF Formula Closing Bracket is a issue for me

    Assuming that the formula goes into cell BD3, try the following:
    Formula: copy to clipboard
    Please Login or Register  to view this content.

    Note that I agree with Pepe in that there are simpler ways to accomplish this.
    Note that I only checked that the formula returns a value, not sure if the value yielded is correct.
    Let us know if you have any questions.
    Consider taking the time to add to the reputation of everybody that has taken the time to respond to your query.

  6. #6
    Forum Expert Pepe Le Mokko's Avatar
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    Re: IF Formula Closing Bracket is a issue for me

    Administrative Note:

    Welcome to the forum.

    We would very much like to help you with your query, however it has been brought to our attention that the same query has been posted on one or more other forums and you have not provided the required cross-post link(s) here.

    Please see Forum Rule #3 about cross-posting and adjust accordingly. Read this to understand why we (and other sites like us) consider this to be important.

    Note: As you are new I will add it for you.Please read forum rules which you might have missed

    https://chandoo.org/forum/threads/if...-for-me.44142/

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    Re: IF Formula Closing Bracket is a issue for me

    Well that is frustrating. I spent time yesterday working on fixing the formula, when I could have been helping someone else, only to find that someone on another forum had done this a few days earlier. It would be nice if the OP had marked the thread as 'Solved' and/or let us know that people on another forum had provided an answer.

  8. #8
    Forum Expert Pepe Le Mokko's Avatar
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    Re: IF Formula Closing Bracket is a issue for me

    I understand your frustration JeteMC.
    FWIW you can always add the OP to your "Ignore list"?
    Thanks for your hard work

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    Re: IF Formula Closing Bracket is a issue for me

    Thank You Pepe, I hope that you have a blessed day.

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