Income Deficit Calculator

Enter the total expenses ($) and the total net income ($) into the Calculator. The calculator will evaluate the Income Deficit. 

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Income Deficit Formula

ID = E - NI

Variables:

• ID is the Income Deficit ($)
• E is the total expenses ($)
• NI is the total net income ($)

To calculate Income Deficit, subtract the total net income from the total expenses.

How to Calculate Income Deficit?

The following steps outline how to calculate the Income Deficit.

1. First, determine the total expenses ($). 
2. Next, determine the total net income ($). 
3. Next, gather the formula from above = ID = E – NI.
4. Finally, calculate the Income Deficit.
5. 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.

total expenses ($) = 3000

total net income ($) = 2000