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93195 t1_j2etebw wrote

Reply to comment by [deleted] in Am I doing something wrong? by Fun-Boot-7187

Biweekly, not twice a month. Multiply by 26. $3077 x 26 = $80K.

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Fun-Boot-7187 OP t1_j2etvxo wrote

Meant bi-monthly, I’m sorry, my bad.

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93195 t1_j2eulfh wrote

No, you meant biweekly, at least if you want those numbers to add up. While most months will only have two paychecks, two months will have three.

Biweekly means you get paid once every two weeks, which is 26 times a year. 52 weeks in a year divided by once every two weeks is 26 times. Your gross pay of $3077 times 26 is $80K nearly exactly.

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