IF statements in Excel are my secret sauce for transforming spreadsheets into intelligent decision-making tools. They respond to changing data, allowing me to streamline my work.

In normal circumstances, Excel places a limit on the number of nested conditional formulas that you can use. The limit is 7. However, it is possible to circumvent the limitation over the number of ...

If you can decide what to have for lunch, you already understand Excel's IF logic--you just need to understand the format.

Now, you can use nested IF statements in Excel to achieve results. But if you have many income tiers, the end formula would be complex and difficult to read.