Calculating Gross Monthly Income as a Salaried Employee

If you are paid on an annual basis, the calculation is fairly straightforward - simply divide the total amount of money (salary) you are paid for the year by 12.

$GrossMonthlyIncome=\frac{AnnualSalary}{12}$

For example, if you earn $80,000 per year, the formula calculates your monthly gross income to be $6,667. To arrive at your total gross number, make sure you account for any short or long-term bonuses you may receive.