Discover what an unearned discount is, how it's calculated, and see examples. Learn how it impacts loan income and ...

Unearned income, also known as passive income, is derived from sources other than employment or business operations and can act as a financial safety net during times of job loss or financial crisis.

Earned income refers to the money that you make from working, including salaries, wages, tips and professional fees. Unearned income, comparatively, is the money that you receive without performing ...

The kiddie tax is a set of tax rules designed to prevent parents from reducing their tax burden by shifting investment income to their children. It applies to children under the age of 18, or ...

For example, two siblings each have unearned ordinary income of $15,000. Assume their parents are in the highest marginal tax bracket. Before new rules introduced through the tax law, each child's ...