| 1. | As such, unearned income is often categorized as " passive income ".
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| 2. | When the certificate is redeemed, inventory is debited and unearned income credited.
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| 3. | There would be no tax on savings, dividends or other unearned income.
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| 4. | Major sources of unearned income : Interest, $ 2, 600-$ 8, 200.
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| 5. | Unearned income in the second quarter was $ 1 . 01 billion.
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| 6. | So in standard double-entry bookkeeping, cash is credited and unearned income debited.
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| 7. | Unearned income, such as dividends, capital gains and interest, would be tax-free.
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| 8. | Capital gains, dividends and other unearned income would not be taxed.
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| 9. | Major sources of unearned income : Pension plan, $ 15, 000-$ 50, 000.
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| 10. | The remaining $ 2, 000 in unearned income will be taxed.
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