Enter the gross income ($) and any additional income, including bonuses ($), into the Calculator. The calculator will evaluate the Effective Income.

## Effective Income Formula

EI = GS + AI

Variables:

- EI is the Effective Income ($)
- GS is the gross income ($)
- AI is any additional income, including bonuses ($)

To calculate Effective Income, add the gross income to any additional income, including bonuses.

## How to Calculate Effective Income?

The following steps outline how to calculate the Effective Income.

- First, determine the gross income ($).
- Next, determine any additional income, including bonuses ($).
- Next, gather the formula from above = EI = GS + AI.
- Finally, calculate the Effective Income.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

gross income ($) = 50000

any additional income including bonuses ($) = 10000