Excel formulae with three different conditons

MickeyMouse 

It's definitely possible to do that with IF. But you don't really want to; it's not a good long term solution for a variety of reasons. First, you're only dealing with two levels of the tax tables, so it's limited that way; second, the longer the nested set of IF conditions gets, the harder it is to follow them; IFS is an option, but it too is prey to the next reason not to approach  it this way: third, it's really not good practice to hard code numbers into formulas when those numbers can change, as tax related numbers WILL do;