Formula where value cannot be less than zero

leopardhawk

Well-known Member
Joined
May 31, 2007
Messages
587
Office Version
  1. 2016
Platform
  1. Windows
This formula works for me except that if 'oas recovery tax'!D5 is greater than a certain threshold, in this case 125650, then it is returning a negative amount. I am hoping that there is a modification to the formula that will ensure that it never returns a value less than 0 (zero).

Code:
=IF(D35>'oas recovery tax'!D5,D41-(0.15*(D35-'oas recovery tax'!D5)/12),D41)
 

Excel Facts

What do {} around a formula in the formula bar mean?
{Formula} means the formula was entered using Ctrl+Shift+Enter signifying an old-style array formula.

Rick Rothstein

MrExcel MVP
Joined
Apr 18, 2011
Messages
36,966
Office Version
  1. 2016
Platform
  1. Windows
Re: Need help with formula where value cannot be less than zero

Maybe...

=MAX(0,IF(D35>'oas recovery tax'!D5,D41-(0.15*(D35-'oas recovery tax'!D5)/12),D41))
 
Last edited:

leopardhawk

Well-known Member
Joined
May 31, 2007
Messages
587
Office Version
  1. 2016
Platform
  1. Windows
Re: Need help with formula where value cannot be less than zero

Brilliant! Thanks you so much for your time and effort.
 

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