traditional ira contribution

[2055]

I have had very little income from my work as a touring musician in 2020. I made some money from royalties and selling cds. But those earnings are not enough to cover traditional IRA contributions for myself and my wife.

However I did earn money from dividends and interest. I also earned money from unemployment. Which of these incomes can be counted as earned income that I can use to make IRA contributions?

[VolvoGirl]

Sorry only W2 wages and a Net Profit on Schedule C count as earned income and some Schedule K-1 income.  Not interest or dividends or unemployment.  

[DoninGA]

Neither unemployment compensation or interest and dividend income is taxable compensation.  So they cannot be used for contributing to an IRA.