Unearned income definition

Unearned income means any income which is not earned income and includes supplemental security income (SSI) and other funds available to a child residing in a foster care placement.
Unearned income means all income that is not earned income, including, but not limited to, social security disability income, supplemental security income, and other public benefits an individual receives.
Unearned income means monetary payment received by an individual that is not compensation for work performed or rental of property owned or leased by the individual, including:

Examples of Unearned income in a sentence

  • Unearned income information provided by IRS is maintained in the MDB File.

  • Unearned income is amortized to lease income over the lease term in a manner that produces a constant rate of return on the net investment in the lease.

  • Income Unearned income, as described in MPP Section 49-035.5, now includes any earnings of, and additions to, the corpus of a trust established by an individual to which these new trust provisions apply.


More Definitions of Unearned income

Unearned income. With respect to any Receivable, as of any date of determination, the portion of the Gross Balance thereof identified as unearned income by the Servicer, in accordance with its customary applicable accounting procedures.
Unearned income means income in the form of benefits such as TANF, workmen’s compensation, social security, supplemental security income; child support, pensions, contributions, gifts, loans, and grants which does not meet the definition of earned income.
Unearned income means the estimated amount the applicant and the applicant’s family receives in benefits or grants during any month from the USDVA or other federal government agencies, scholarships, fellowships, grants, tuition and fee waivers, all other definite awards other than loans, including amounts paid to the applicant or the applicant’s family or to the school on behalf of the applicant or applicant’s family for vocational rehabilitation by the USDVA or any other agency, income from trusts or inheritances, unemployment compensation insurance benefits, worker’s compensation, social security payments, net rentals from real estate, interest or dividend income or other income not included under earned income. It shall
Unearned income means all income that is not earned income.
Unearned income means income that is not earned from employment, including, but not limited to, financial prize, unemployment benefits, annuities, stock dividends, deferred compensation, pension, profit sharing, or retirement income. Unearned income does not include inheritance money or a familial gift.
Unearned income means income other than earned income that includes documented alimony and child support received, social security benefits, Supplemental Security Income (SSI) (excluding SSI payments when a child is the recipient), worker’s compensation benefits, reemployment assistance or reemployment compensation benefits, veteran benefits, retirement benefits, temporary cash assistance under chapter 414, F.S., and cash gifts received regularly.
Unearned income means cash income of all parents, spouses, and children under the age of 19 who are living together in accordance with subrule 86.2(3) that is not gained by labor or service. The available unearned income shall be the amount remaining after the withholding of taxes (Federal Insurance Contribution Act, state and federal income taxes) and any reasonable income-producing costs. Examples of unearned income include, but are not limited to: