Question

What is the difference between earned income and unearned income?

Answer 1

You work for income, it is earned. Unearned is getting income from something that you did not physically do work for. Like stocks, bonds, alimony, etc.

Step-by-step explanation:

got a 100

Answer 2

Okay, so from what I know and what I have read, earned income includes wages, salaries, tips, other forms of employee compensation, and self-employment income. Unearned income is defined as income derived from other than employment; this includes (among other things) dividends, interest, investment income, survivor annuities, and unemployment compensation.