{"id":10024,"date":"2019-09-25T13:10:26","date_gmt":"2019-09-25T11:10:26","guid":{"rendered":"https:\/\/www.myexcelonline.com\/?p=10024"},"modified":"2024-02-06T16:04:18","modified_gmt":"2024-02-06T15:04:18","slug":"ifs-formula-in-excel","status":"publish","type":"post","link":"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/ifs-formula-in-excel\/","title":{"rendered":"IFS Formula in Excel"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><em><strong>What does it do?<\/strong><\/em><\/p>\n<p>Checks multiple conditions and returns the value of the first TRUE condition<\/p>\n<p><em><strong>Formula breakdown:<\/strong><\/em><\/p>\n<p>=IFS(<span style=\"color: #0000ff;\">logical_test1<\/span>, <span style=\"color: #ff6600;\">value_if_true1<\/span>, <span style=\"color: #339966;\">[logical_test2, value_if_true2], &#8230;<\/span>)<\/p>\n<p><em><strong>What it means:<\/strong><\/em><\/p>\n<p>=IFS(<span style=\"color: #0000ff;\">first condition to check<\/span>, <span style=\"color: #ff6600;\">value to return<\/span>, <span style=\"color: #339966;\">[succeeding conditions to check], &#8230;<\/span>)<\/p>\n<hr \/>\n<p>If you have multiple logical conditions to check, instead of creating Nested IF <a class=\"wpil_keyword_link\" href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/top-excel-formulas-function-examples-to-get-better-at-microsoft-excel\/\" target=\"_blank\" rel=\"noopener\" title=\"Formulas\" data-wpil-keyword-link=\"linked\">Formulas<\/a>, we can use\u00a0<strong>Excel&#8217;s IFS Formula!<\/strong> It allows us to specify multiple conditions to check, then the\u00a0<strong>IFS Formula<\/strong> will look for the first condition that gets satisfied!<\/p>\n<p>Let us try it out on a simple tax table, then we will create an\u00a0<strong>IFS Formula<\/strong> that will simulate the exact same logic of the table!<\/p>\n<p>I explain how you can do this below:<\/p>\n<div class=\"after-post-box\">\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/is_pnC6Y8K0?rel=0 \" width=\"800\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><a href=\"https:\/\/www.youtube.com\/c\/MyExcelOnlinecomtutorials?sub_confirmation=1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" class=\"alignmiddle wp-image-111468 size-full\" style=\"vertical-align: middle;\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2019\/04\/1.yt_.png\" alt=\"\" title=\"\"><\/a><\/p>\n<p class=\"line-two\"><a class=\"IRPP_minimalist icon-download button small\" href=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA.xlsx\" target=\"_blank\" rel=\"noopener noreferrer\" data-leadbox=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA.xlsx\" data-leadbox-id=\"147284833f72a2:12f08263ab46dc\"><span class=\"ctaText px-3 text-capitalize\">Download excel workbook<i class=\"fa fa-download\"><\/i><\/span><span class=\"postTitle px-3\">IFS-FORMULA.xlsx<\/span><\/a><\/p>\n<p class=\"line-two\">\n<\/div>\n<p><span style=\"color: #ff0000;\"><strong>STEP 1:<\/strong><\/span> We need to <strong>enter the <i>IFS\u00a0<\/i>function in a blank cell<\/strong>:<\/p>\n<h2 style=\"text-align: center;\"><span style=\"color: #0000ff;\">=IFS(<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"IFS Formula in Excel\"  class=\"aligncenter size-full wp-image-10359\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-01.jpg\" alt=\"IFS Formula in Excel\" width=\"739\" height=\"171\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-01.jpg 739w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-01-300x69.jpg 300w\" sizes=\"(max-width: 739px) 100vw, 739px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #ff0000;\"><strong>STEP 2:<\/strong><\/span>\u00a0The <b>IFS\u00a0<\/b>arguments:<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_57_1 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li><a href=\"#\" class=\"scroll-to-download\">Free Practice Workbook<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/ifs-formula-in-excel\/#logical_test1_value_if_true1\" title=\"logical_test1, value_if_true1\">logical_test1, value_if_true1<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/ifs-formula-in-excel\/#logical_test2_value_if_true2\" title=\"logical_test2, value_if_true2\">logical_test2, value_if_true2<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.myexcelonline.com\/meo-staging\/blog\/ifs-formula-in-excel\/#logical_test3_value_if_true3\" title=\"logical_test3, value_if_true3\">logical_test3, value_if_true3<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"logical_test1_value_if_true1\"><\/span><span style=\"color: #0000ff;\"><em><strong>logical_test1, value_if_true1<\/strong><\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the first condition and value to return if the condition is met?<\/strong><\/p>\n<p><em>Let us start from the minimum value of the tax table. If the income is less than $8456, then the tax rate is 13%<\/em><\/p>\n<h2 style=\"text-align: center;\">=IFS(<span style=\"color: #0000ff;\">G8&lt;8456, 13%,\u00a0<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"IFS Formula in Excel\"  class=\"aligncenter size-full wp-image-10360\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-02.jpg\" alt=\"IFS Formula in Excel\" width=\"876\" height=\"143\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-02.jpg 876w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-02-300x49.jpg 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-02-768x125.jpg 768w\" sizes=\"(max-width: 876px) 100vw, 876px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"logical_test2_value_if_true2\"><\/span><span style=\"color: #0000ff;\"><em><strong>logical_test2, value_if_true2<\/strong><\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the second condition and value to return if the condition is met?<\/strong><\/p>\n<p><em>Going to the second row, if the income is less than $15874, then the tax rate is 18%<\/em><\/p>\n<h2 style=\"text-align: center;\">=IFS(G8&lt;8456, 13%, <span style=\"color: #0000ff;\">G8&lt;15874, 18%,<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"IFS Formula in Excel\"  class=\"aligncenter size-full wp-image-10361\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-03.jpg\" alt=\"IFS Formula in Excel\" width=\"1018\" height=\"140\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-03.jpg 1018w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-03-300x41.jpg 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-03-768x106.jpg 768w\" sizes=\"(max-width: 1018px) 100vw, 1018px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"logical_test3_value_if_true3\"><\/span><span style=\"color: #0000ff;\"><em><strong>logical_test3, value_if_true3<\/strong><\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the third condition and value to return if the condition is met?<\/strong><\/p>\n<p><em>Going to the last row, if the income is greater than or equal to $15874, then the tax rate is 22%<\/em><\/p>\n<h2 style=\"text-align: center;\">=IFS(G8&lt;8456, 13%, G8&lt;15874, 18%, <span style=\"color: #0000ff;\">G8&gt;=15874, 22%)<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"IFS Formula in Excel\"  class=\"aligncenter size-full wp-image-10362\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-04.jpg\" alt=\"IFS Formula in Excel\" width=\"918\" height=\"135\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-04.jpg 918w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-04-300x44.jpg 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-04-768x113.jpg 768w\" sizes=\"(max-width: 918px) 100vw, 918px\" \/><\/p>\n<p>You now have your correct tax rate!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"IFS Formula in Excel\"  class=\"aligncenter size-full wp-image-10363\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-05.jpg\" alt=\"IFS Formula in Excel\" width=\"598\" height=\"153\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-05.jpg 598w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/11\/IFS-FORMULA-05-300x77.jpg 300w\" sizes=\"(max-width: 598px) 100vw, 598px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #0000ff;\"><strong>How to Use the IFS Formula in Excel<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/ebooks.myexcelonline.com\/products\/101-most-popular-excel-formulas-e-book\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-10741\" src=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/12\/MyExcelOnline.com-Formulas-E-Book.png\" alt=\"\" width=\"1200\" height=\"628\" srcset=\"https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/12\/MyExcelOnline.com-Formulas-E-Book.png 1200w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/12\/MyExcelOnline.com-Formulas-E-Book-300x157.png 300w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/12\/MyExcelOnline.com-Formulas-E-Book-1024x536.png 1024w, https:\/\/www.myexcelonline.com\/meo-staging\/wp-content\/uploads\/2018\/12\/MyExcelOnline.com-Formulas-E-Book-768x402.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; What does it do? Checks multiple conditions and returns the value of the first TRUE condition Formula breakdown: =IFS(logical_test1, value_if_true1, [logical_test2, value_if_true2], &#8230;) What it means: =IFS(first condition to check, value to return, [succeeding conditions to check], &#8230;) If you have multiple logical conditions to check, instead of creating Nested IF Formulas, we can [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":17805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cos_headline_score":0,"cos_seo_score":0,"cos_headline_text":"","cos_headline_has_been_analyzed":false,"cos_last_analyzed_headline":[],"om_disable_all_campaigns":false},"categories":[12,3,555],"tags":[142,556,512],"acf":[],"_links":{"self":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/posts\/10024"}],"collection":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/comments?post=10024"}],"version-history":[{"count":0,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/posts\/10024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/media\/17805"}],"wp:attachment":[{"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/media?parent=10024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/categories?post=10024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myexcelonline.com\/meo-staging\/wp-json\/wp\/v2\/tags?post=10024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}