2725428
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

TPO
Level 2

Can I calculate last year's take home pay with my completed tax return?

My wife recently asked me what our take-home pay was last year. This sounded like an easy exercise now that I have my completed, TurboTax generated tax return. But I'm not sure which income and which taxes/payments to use to calculate this number. Might anyone be able to offer a simple formula using the specific values on a tax return?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Can I calculate last year's take home pay with my completed tax return?

to start sum up your net paychecks for the year but if you had too much or too little withholding you would have to adjust for that.   

 

there is no way to get this number from your tax return because net pay is not shown on it nor are the income taxes associated with it. 

View solution in original post

2 Replies

Can I calculate last year's take home pay with my completed tax return?

to start sum up your net paychecks for the year but if you had too much or too little withholding you would have to adjust for that.   

 

there is no way to get this number from your tax return because net pay is not shown on it nor are the income taxes associated with it. 

Can I calculate last year's take home pay with my completed tax return?

@TPO 

Your take home pay probably goes into your checking account.

get the number from the bank statement and multiply by 12 if you are paid monthly

or by 26 if you are paid bi-weekly.

 

There are no adjustments.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question