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

## 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.

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