Say you have $100,000 in a 401(k). Rolling the money into a Roth IRA may trigger a tax bill of up to $25,000 if youâre in the 25% tax bracket. In that case, itâs a good idea to pay the tax out of your own savings rather than dipping into your tax-advantaged retirement savings.
Microsoft Excel is a spreadsheet program included in the Microsoft Office suite of applications. Spreadsheets present tables of values arranged in rows and columns that can be manipulated mathematically using both basic and complex arithmetic operations and functions.
Name a Range of Cells. In Excel, you can create names that refer to a single cell, a group of cells on the worksheet, a specific value, or a formula. After you define Excel names, you can use the names in a formula, instead of using a constant value or cell references. For example, a cell that contains the tax rate could be named SalesTax. Then, other cells could multiply sales amounts by the named range, SalesTax.