Calculating Your Gross Monthly Income Worksheet If you are paid hourly: 2$ x 52 weeks = $ Wage per hour multiplied by the number of hours worked Example (24 x $8.06 = $193 x 52= $10,058) 16.7 annual salary If you are paid weekly: 2$ gross pay before deductions x 52 weeks = $ annual salary 14 you are paid bi-weekly: $ If x 26 = $ annual salary 18.3 gross pay before deductions If you are paid twice a month: 2$ x 24 = $ annual salary 13 gross pay deductions If you are paid monthly: 24 12.9 x 12 = $ annual salary gross monthly income If you are not paid regularly: /12 months = $ 22 average total income (line 22 from 1040 income tax form) before deductions

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Include as income
spouse's monthly income
second job
regular overtime
public assistance
child support
pension
Social Security
Other
Total Gross Monthly Income $
Application Assistance
1
AAAAA AAA
Transcribed Image Text:Include as income spouse's monthly income second job regular overtime public assistance child support pension Social Security Other Total Gross Monthly Income $ Application Assistance 1 AAAAA AAA
Calculating Your Gross Monthly Income Worksheet
If you are paid hourly:
24
annual salary
x 52 weeks =$
Wage per hour multiplied by the number of hours worked
Example (24 x $8.06 = $193 x 52= $10,058)
16.7
If you are paid weekly:
2$
x 52 weeks = $
annual salary
14
%3D
gross pay before deductions
If you are paid bi-weekly:
2$
gross pay before deductions
x 26 = $
annual salary
18.3
If you are paid twice a month:
%24
x 24 = $
annual salary
13
%3D
gross pay deductions
If you are paid monthly:
2$
12.9
x 12 = $
annual salary
gross monthly income
If you are not paid regularly:
$ 22
average total income (line 22 from 1040 income tax form) before deductions
/12 months = $
Transcribed Image Text:Calculating Your Gross Monthly Income Worksheet If you are paid hourly: 24 annual salary x 52 weeks =$ Wage per hour multiplied by the number of hours worked Example (24 x $8.06 = $193 x 52= $10,058) 16.7 If you are paid weekly: 2$ x 52 weeks = $ annual salary 14 %3D gross pay before deductions If you are paid bi-weekly: 2$ gross pay before deductions x 26 = $ annual salary 18.3 If you are paid twice a month: %24 x 24 = $ annual salary 13 %3D gross pay deductions If you are paid monthly: 2$ 12.9 x 12 = $ annual salary gross monthly income If you are not paid regularly: $ 22 average total income (line 22 from 1040 income tax form) before deductions /12 months = $
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