Unearned Income

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Dictionary Says

Definition of 'Unearned Income'

Any income that comes from investments and other sources unrelated to employment services.
Investopedia Says

Investopedia explains 'Unearned Income'

Examples of unearned income include interest from a savings account, bond interest, alimony, and dividends from stock. As long as this income is "realized" then it is taxable.

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