Unearned Income
See Also
Housing Market 2023: What Happens if You Sell Your Home When You’re on Social Security?Taxes on inheritance & how to avoid themForm 1099-SWill Selling My Home Affect My Medicare? What to Know - Assurance IQUnearned income includes investment-type income such as taxable interest, ordinary dividends, and capital gain distributions.
It also includes unemployment compensation, taxable social security benefits, pensions, annuities, cancellation of debt, and distributions of unearned income from a trust.
This information is found in the Filing Information chapter of Publication 17, Your Federal Income Tax.
