There is a growing trend for hearing aids to incorporate wide dynamic range compression. The input/output (I/O) hearing aid formula, presented in this report, is a general frequency-specific mathematical approach which describes the relationship between the input level of a signal delivered to a hearing aid and the output level produced by the hearing aid. The I/O formula relates basic psychoacoustic parameters, including hearing threshold level and uncomfortable listening level, to the electroacoustic characteristics of hearing aids. The main design goal of the I/O formula was to fit the acoustic region corresponding to the "extended" normal auditory dynamic range into the hearing-impaired individual's residual auditory dynamic range. The I/O approach can be used to fit hearing aids utilizing linear gain, linear compression or curvilinear compression to a hearing-impaired individual's residual auditory area.