Say you need to calculate net (after-tax) income from gross (pre-tax) income or vice-versa. You can use an online calculator, but those can’t be integrated into a spreadsheet, and won’t automatically get recalculated when the input changes. For that, I’ve developed the below formulas:
Income tax formula for use in spreadsheets
Income tax formula for use in spreadsheets
Income tax formula for use in spreadsheets
Say you need to calculate net (after-tax) income from gross (pre-tax) income or vice-versa. You can use an online calculator, but those can’t be integrated into a spreadsheet, and won’t automatically get recalculated when the input changes. For that, I’ve developed the below formulas: