"Unearned income" refers to money or earnings that you receive without having to work for it or perform any services. It includes money obtained from investments, rental properties, or inheritances. Full definition
Common types of unearned income include pensions, Social Security retirement benefits, unemployment compensation, and interest, dividends and capital gains. (turbotax.intuit.com)
President Barack Obama and Speaker of the House John Boehner are unlikely to reverse several scheduled tax increases, including the 0.9 percentage point increase in the Medicare tax rate on wages and salaries of more than $ 200,000 for single filers ($ 250,000 for married filers); a 3.8 percent Medicare tax on unearned income of higher income filers; and an increase in the capital gains tax rate. (entrepreneur.com)
Examples of unearned income include income from capital gains, Social Security, child support and interest income. (sapling.com)