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    dillon1952's Avatar
    dillon1952 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Oct 6, 2008, 12:35 PM
    What counts as earned income?
    Does unemployment insurance or SS disability benefits count as earned income?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    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's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    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.
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