How to Compute Annual Gross Pay in Excel. Annual gross pay is the amount of money an employee earns per year before deductions like state and federal taxes, 401 (k) savings or health insurance ...

How to Calculate the 'Gross Salary' for Each Employee By Using a Formula. Using formulas in Microsoft Excel is a reliable method to calculate payroll for your business. Microsoft Excel contains ...

If you have a recent pay stub, you can use Microsoft Excel to calculate your annual salary, as well as estimate how much a raise will affect your paychecks.

To calculate it, multiply the employee’s gross pay for the pay period by 7.65 percent. Of this 7.65 percent, 6.2 percent is for Social Security and 1.45 percent is for Medicare.

Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay vs. net pay.

Elsewhere on your pay stub, you'll see deductions for various items. You can subtract only some of those items from your gross income to calculate AGI.

Net pay is different from gross pay. Both can be seen on your paycheck, but what do they each mean? Here's what you need to know.