Formula where value cannot be less than zero

leopardhawk

Active Member
Joined
May 31, 2007
Messages
356
Office Version
2016
Platform
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)
 

Rick Rothstein

MrExcel MVP
Joined
Apr 18, 2011
Messages
35,510
Office Version
2010
Platform
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

Active Member
Joined
May 31, 2007
Messages
356
Office Version
2016
Platform
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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