How to uncheck a row field if another field in the row is set to a specific value

What I have so far: The box gets checked (true, 1) when a target due date is within 60 days of today. My current formula is:

=IF([Target Due Date]3 - 60 < TODAY(), 1)

What I hope to achieve: Find a way to uncheck (false, 0) the same box when Status is set to Closed.

I just can't seem to come up with anything that works for the second half. I feel like my overall approach may be in question here. I am learning these formulas on the fly and your community has been valuable for other formulas, and I thank you for that!


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