Excel Tax Formula Archives

How to Calculate Federal Tax Rate in Excel (with Easy Steps)

Jun 16, 2024

There are various tax brackets in most countries, and each bracket has a different rate of tax. For example, let's look at the ...

How to Calculate Federal Tax Rate in Excel (with Easy Steps)

How to Calculate Social Security Tax in Excel

Jul 10, 2024

What Is Social Security Tax? The Social Security tax is a dedicated payroll tax that funds Old-Age and Survivors Insurance and Disability Insurance. ...

How to Calculate Social Security Tax in Excel

Formula for Calculating Withholding Tax in Excel: 4 Effective Variants

Jul 6, 2024

Method 1 - Using Arithmetic Formula to Calculate Withholding Tax Steps: Input the tax rate first(i.e. 50%) as this method is only applicable ...

Formula for Calculating Withholding Tax in Excel: 4 Effective Variants

How to Calculate Marginal Tax Rate in Excel (2 Quick Ways)

Aug 4, 2024

In the following picture, we have a dataset of four columns. The first column is Bracket. This column has two sub-columns, Lower Bound and Upper ...

How to Calculate Marginal Tax Rate in Excel (2 Quick Ways)

How to Calculate Income Tax on Salary with Example in Excel

Jul 3, 2024

In this article, we will demonstrate different methods to calculate Income Tax on Salary. To illustrate our methods, we'll use the following sample ...

How to Calculate Income Tax on Salary with Example in Excel

How to Calculate Income Tax in Excel Using IF Function (With Easy Steps)

Jun 14, 2024

Step 1 - Set up Income Tax Slab To illustrate how to calculate taxes, we’ll use the following tax rate sample: A flat 7% for incomes 0 ...

How to Calculate Income Tax in Excel Using IF Function (With Easy Steps)

Reverse Tax Calculation Formula in Excel (Apply with Easy Steps)

Jun 16, 2024

Here is a sample dataset to calculate the reverse tax calculation formula. The dataset comprises product names, MRP and Tax rates in cells B4:D9. ...

Reverse Tax Calculation Formula in Excel (Apply with Easy Steps)

How to Calculate the Sales Tax in Excel – 4 Methods

Aug 2, 2024

The tax may be included in the price or added to it. Method 1 - Getting the Sales Tax using a Subtraction The receipt shows price, tax ...