In the past when dealing with passwords I\'ve always stored a salt and a hashed password separately in my data store. Today I was looking to update some legacy code to use a RFC
All passwords need to be salted in order to hash them securely. In this case, however, you are correct. System.Web.Helpers.Crypto takes care of creating a salt for you. You don't need to create one. It is stored in the string returned by Crypto.HashPassword().
All you need to do is something like this.
using System.Web.Helpers;
public void SavePassword(string unhashedPassword)
{
    string hashedPassword = Crypto.HashPassword(unhashedPassword);
    //Save hashedPassword somewhere that you can retrieve it again.
    //Don't save unhashedPassword! Just let it go.
}
public bool CheckPassword(string unhashedPassword)
{
    string savedHashedPassword = //get hashedPassword from where you saved it
    return Crypto.VerifyHashedPassword(savedHashedPassword, unhashedPassword)
}