What is unearned income? - Intuit Turbo Real Money Talk

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What is unearned income?

Unearned income can be thought of as "passive" income that doesn't involve active work or a business activity, such as:

  • Interest, dividend, or investment income
  • Retirement or Social Security income
  • Alimony or child support
  • Unemployment or worker's comp
  • Gifts, prizes, awards, or winnings
  • Inheritances
  • Income received while incarcerated, even if it involves active work

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