Forum Discussion
me1580
Nov 26, 2019Copper Contributor
VLOOKUP
I'm trying to identify and calculate the federal withholding tax. it tells me the VLOOKUP function returns the applicable tax rate which then I must multiply by the taxable pay
Twifoo
Nov 26, 2019Silver Contributor
In the attached file, the formula in I5 is:
=H5*LOOKUP(H5,D$21:E$25)
Note that I filled in all other cells, based on your given assumptions. The finished payroll then looks like this: