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The annual income calculator determines your yearly salary based on the hourly rate. What is annual income? Annual income is the total amount of money an individual or business earns in a year. It includes all sources of income, such as salaries, allowances, bonuses, business profits, rental income, and investment returns. In a nutshell, annual income is the amount of money you make in a year. You can calculate annual income for yourself, like your family’s joint finances or for a business. In any case, annual... Annual income refers to the total amount of money earned by an individual or entity over the course of a year, typically before taxes and deductions.