What is gross income?

Pay before anything is held back: the figure an offer letter quotes and the top line of a pay slip, rather than the amount that reaches your account. This page converts that figure between pay periods and does nothing else with it, which is why every row on it is labelled gross.

How do I work out my gross annual income from a pay slip?

Set the Per control to the period the slip covers and type the gross figure from it. 1,450.00 every two weeks is 37,700.00 a year over 26 pay days; 2,500.00 twice a month is 60,000.00 a year over 24; 3,800.00 a month is 45,600.00. Picking the right one of those three matters, because the same number in the wrong box is thousands out.

Is gross income the same as take-home pay?

No. Take-home pay is what is left after everything that comes off a pay packet, and that depends on where you live, what you have signed up to and figures that are revised every year. This page stays on the gross figure, which is the part that converts between periods identically for everyone, and leaves what lands in the account to your pay slip.

What if I have more than one job?

Open Total gross income. Source 1 uses the main pay and schedule; each added source has its own pay period, paid hours, days, weeks and unpaid weeks. A 60,000.00 annual salary plus 20.00 an hour for 10 hours a week over 50 paid weeks totals 70,000.00 a year. Enter all amounts in the same currency; there is no exchange-rate conversion or shared hourly rate.

Do unpaid weeks change gross income?

They change it when the figure you entered is hourly, daily, weekly or fortnightly, because you are paid for fewer of those periods: 20.00 an hour with two unpaid weeks is 40,000.00 a year rather than 41,600.00. A yearly or monthly figure is unchanged by them, since you have already stated the year; what moves instead is the hourly figure, because the same money now covers 2,000 paid hours rather than 2,080.

Can I include a supplied bonus or another gross payment?

Yes. Add a source with the amount and the period it covers. A one-off annual bonus goes in as a Year amount so it is added once; a recurring monthly amount is annualized across 12 months. Only include amounts you already know, and avoid counting a bonus twice if it is already included in another annual figure. Annual Wage Supplement eligibility and proration depend on an employer contract and are not computed here.

Is total gross income the same as AGI, MAGI or business profit?

No. This worksheet sums supplied annualized gross payments. It does not apply allowable tax adjustments, determine taxable income, subtract business costs, invert take-home pay or calculate tax.

Gross Income Calculator

Annualize each supplied gross amount before adding it. Source 1 uses the salary or wage conversion below, and each added source has its own pay period, hours, days, paid weeks and unpaid weeks. A 60,000 salary plus a part-time job at 20 an hour for 10 hours a week over 50 weeks totals 70,000 a year, or 5,833.33 per average month. The result is supplied gross pay in one currency; it does not determine taxable income, adjusted gross income, business profit or money left after deductions.

Total gross income from multiple sources

Source 1 uses the pay and schedule below. Add other supplied gross amounts with their own schedules, in the same currency. The total has no combined hourly rate because the jobs can have different hours.

60,000.00 a year

Average month: 5,000.00. 1 source.

60,000.00 a year · 40 hours a week · 52 paid weeks60,000.00 a year60,000.00 a year · 5,000.00 a month · 2,500.00 twice a month · 2,307.69 every two weeks · 1,153.85 a week · 28.85 an hour

Pay

Per

Hours a week

Days a week

Weeks a year

Unpaid weeks

Show

Leave a box empty to use the default working year: 40 hours over 5 days, 52 weeks, none of them unpaid.

60,000.00 a year, at 40 hours a week over 52 weeks, is 5,000.00 a month, 1,153.85 a week and 28.85 an hour, across 2,080 paid hours. Every figure is pay before anything is held back.

A year: 60,000.00

A month: 5,000.00

A week: 1,153.85

An hour: 28.85

Paid weeks: 52

Paid hours a year: 2,080

Hours a day: 8

The same pay, every period

One year of pay written seven ways. Each row is the year divided by its own count of pay days, so every row multiplies back to the same year.

Gross pay in each period, with the number of pay days a year behind it
Period	Gross pay	Pay days a year	Where that count comes from
Per hour	28.85	2,080	hours a week x paid weeks
Per day	230.77	260	days a week x paid weeks
Per week	1,153.85	52	one for every paid week
Every two weeks	2,307.69	26	two paid weeks at a time
Twice a month	2,500.00	24	24 pay days, two a month
Per month	5,000.00	12	12 pay days, one a month
Per year	60,000.00	1	the whole year

The monthly amount is an annualized average, not the actual payroll calendar or a prediction of each deposit. Extra-hour inputs apply only to an entered hourly base rate.

Worked examples

A monthly figure3,800 a month, 40 hours a week
3,800.00 a month, at 40 hours a week over 52 weeks, is 45,600.00 a year, 876.92 a week and 21.92 an hour, across 2,080 paid hours. Every figure is pay before anything is held back.
A salary to an hourly rate68,000 a year, 37.5 hours a week
68,000.00 a year, at 37.5 hours a week over 52 weeks, is 5,666.67 a month, 1,307.69 a week and 34.87 an hour, across 1,950 paid hours. Every figure is pay before anything is held back.
Two weeks unpaid22.00 an hour, 50 of 52 weeks paid
22.00 an hour, at 40 hours a week over 50 paid weeks (52 weeks with 2 unpaid), is 44,000.00 a year, 3,666.67 a month and 880.00 a week, across 2,000 paid hours. Every figure is pay before anything is held back.
Supplied overtime20 an hour, 40 regular + 5 extra at 1.5
Base rate: 20.00 an hour, at 45 hours a week over 52 weeks, is 49,400.00 a year, 4,116.67 a month and 950.00 a week, across 2,340 paid hours. Every figure is pay before anything is held back. This includes 40 regular hours and 5 extra hours a week at 1.5 times the entered base rate. The hourly row is the blended gross rate across all paid hours, not the base rate.

Twice a month is not every two weeks. A payroll that pays on the 15th and the last day runs 24 times a year; one that pays every second Friday runs 26. The same salary therefore makes two different pay slips, and both are in the table above rather than one standing in for the other. Unpaid weeks come off the weeks you are paid for: enter them and the hourly, daily, weekly and fortnightly rows follow the shorter year, while a monthly or yearly figure stays the same money spread across fewer worked hours.

Gross pay, and only gross pay. There is no box on this page for anything held back from a pay packet, and no country, state or city setting, because the conversion is the same arithmetic everywhere and the amounts kept back are not. Gross-pay arithmetic from supplied amounts, schedules and any extra-hours multiplier, rounded to two decimal places. It does not determine tax, deductions, overtime entitlement or employer rules; calendar figures are annualized averages.

Common questions

What is gross income?: Pay before anything is held back: the figure an offer letter quotes and the top line of a pay slip, rather than the amount that reaches your account. This page converts that figure between pay periods and does nothing else with it, which is why every row on it is labelled gross.
How do I work out my gross annual income from a pay slip?: Set the Per control to the period the slip covers and type the gross figure from it. 1,450.00 every two weeks is 37,700.00 a year over 26 pay days; 2,500.00 twice a month is 60,000.00 a year over 24; 3,800.00 a month is 45,600.00. Picking the right one of those three matters, because the same number in the wrong box is thousands out.
Is gross income the same as take-home pay?: No. Take-home pay is what is left after everything that comes off a pay packet, and that depends on where you live, what you have signed up to and figures that are revised every year. This page stays on the gross figure, which is the part that converts between periods identically for everyone, and leaves what lands in the account to your pay slip.
What if I have more than one job?: Open Total gross income. Source 1 uses the main pay and schedule; each added source has its own pay period, paid hours, days, weeks and unpaid weeks. A 60,000.00 annual salary plus 20.00 an hour for 10 hours a week over 50 paid weeks totals 70,000.00 a year. Enter all amounts in the same currency; there is no exchange-rate conversion or shared hourly rate.
Do unpaid weeks change gross income?: They change it when the figure you entered is hourly, daily, weekly or fortnightly, because you are paid for fewer of those periods: 20.00 an hour with two unpaid weeks is 40,000.00 a year rather than 41,600.00. A yearly or monthly figure is unchanged by them, since you have already stated the year; what moves instead is the hourly figure, because the same money now covers 2,000 paid hours rather than 2,080.
Can I include a supplied bonus or another gross payment?: Yes. Add a source with the amount and the period it covers. A one-off annual bonus goes in as a Year amount so it is added once; a recurring monthly amount is annualized across 12 months. Only include amounts you already know, and avoid counting a bonus twice if it is already included in another annual figure. Annual Wage Supplement eligibility and proration depend on an employer contract and are not computed here.
Is total gross income the same as AGI, MAGI or business profit?: No. This worksheet sums supplied annualized gross payments. It does not apply allowable tax adjustments, determine taxable income, subtract business costs, invert take-home pay or calculate tax.

Gross-pay arithmetic from supplied amounts, schedules and any extra-hours multiplier, rounded to two decimal places. It does not determine tax, deductions, overtime entitlement or employer rules; calendar figures are annualized averages.