How To Figure Out Annual Income?

Multiply your pay rate by the number of hours you work in a year

If paid hourly, use hourly wage × hours per week × weeks per year

If paid weekly, use weekly pay × 52

If paid biweekly, use biweekly pay × 26

If paid semimonthly, use semimonthly pay × 24

If paid monthly, use monthly pay × 12

Add bonuses, commissions, overtime, and other regular income

Subtract unpaid time off if your pay is based on hours worked

Use gross income before taxes and deductions

Include all income sources if you want total annual income

Check recent pay stubs or tax forms to confirm the amount

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