I need to write an IF function using the following logic to determine the social Security tax for cell G4.
If Soc. Sec. Tax * Gross Pay + YTD Soc.
sec. > Maximum Soc. Sec., then Maximum
Soc. Sec. _ YTD soc. Sec., otherwise Soc.
Sec. Tax* Gross Pay.
F4 is gross pay
E4 is YTD
G4 is Soc. Sec
I am not sure how to put this in an IF function because of Maximum Soc. Sec.,
Can someone show me how to write this.?
I started it like this:
=IF (G4* F4 + E4)> now what do I put?
HELP going nuts here.
Another one is.
Medicare = Medicare Tax * Gross Pay
H4 medicare
F4 gross pay
E4 YTD soc.sec.
third one is:
=Gross pay- (soc.Sec. + Medicare + fed. Tax + State tax)
F4 gross pay
G4 soc. sec.
H4 medicare
I4 Fed Tax
J4 state tax
need this in IF function entered in K4
I know this is a lot to ask but hope this will finish this problem I am working on now. Thanks if anyone can help
Cleta 