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View Full Version : What counts as earned income?


dillon1952
Oct 6, 2008, 12:35 PM
Does unemployment insurance or SS disability benefits count as earned income?

AtlantaTaxExpert
Oct 6, 2008, 01:05 PM
No, it is NOT earned income.

It CAN be, however, taxable income. It depends on how much your OTHER income sources are.

MukatA
Oct 7, 2008, 12:50 AM
1. You must include in your income all unemployment compensation you receive. It is not subject to FICA taxes.
2. Part of your SS benefits may be taxable if 1/2 of the benefits plus your other income exceed the base amount.