That looks correct - if you have no "flexible spending accounts" for medical, child care, commuting, etc.
ahhh. I forgot to add my FSAs. good point. Thanks.
You also have to decide how you are treating 401k, tIRA, HSA, etc., contributions. Are you counting those as "income" or not?
no I am not counting them as income. I just wanted to wanted to how much came to my bank a/c.
Basically, I am trying to analyze what % of expense do I have.