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
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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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdf96a562-9441-4d35-accc-2a9581cb4294%2Fb280aa00-48a7-46de-9d74-5392dc85c7c2%2F88kk9g_processed.jpeg&w=3840&q=75)
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 = $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdf96a562-9441-4d35-accc-2a9581cb4294%2Fb280aa00-48a7-46de-9d74-5392dc85c7c2%2Fg2hzcb9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Calculating Your Gross Monthly Income Worksheet
If you are paid hourly:
24
annual salary
x 52 weeks =$
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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