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Get your taxes done using TurboTax
No, living expenses are not taxable income.
Earned income includes salaries, wages, tips, professional fees, and taxable scholarship and fellowship grants.
Unearned income includes taxable interest, ordinary dividends, and capital gain distributions. It also includes
unemployment compensation, taxable social security benefits, pensions, annuities, and distributions of unearned income from a trust.
March 23, 2022
2:46 PM