Re: Complex Calculations

John Machin wrote:
Norman Frederick wrote:
Ralph Shumaker wrote:
Norman Frederick wrote:
I thank you both for your answers. You got me on the right direction in spite of my typing errors. In my SS C is the date Sold, D is the amount rcvd, E is the date Bought, F is the amount Paid, G is short and H is long term. Even the IRS will not argue with 365 days as a year.

The IRS will not argue with 365 days as a year if and only if the law says to use 365 days for this purpose.

Exactly 365 is a condition so improbable that I can live with it.

A corollary to Murphy's Law says that the more one dismisses unfortunate events as improbable, the more probable they become :-)

When I finally put Shumakers formula in correctly it worked just as I wanted. What I ended with is:
=IF(Cn-En<365,Dn-Fn,) for Gn and
=IF(Cn-En>365,Dn-Fn,) for Hn

It's become worse. If you had followed Shumaker, a bad guess about the 365 thing would have led to your wife paying the wrong rate of tax on exactly-365-days gains. However you haven't put Shumaker's suggestion in. You have inverted the "days < 365" condition incorrectly as "days > 365" instead of "days >= 365". If the difference is exactly 365 days, the amount of gain is put in neither column G nor column H, and the IRS will nab you as an accessory to your wifes's tax evasion :-)

LOL!!!  Very well put John.

Perhaps you (Fred) should consider having a column I labeled "365!" with a formula like this:



'Do you spell it with a "V" or a "W"?' inquired the judge. 'That depends upon the taste and fancy of the speller, my Lord'.
--Charles Dickens

I respect a man who knows how to spell a word more than one way.
--Mark Twain

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