In contrast to earned income, which comes from wages, salaries, and business activities, unearned income is derived from investments or other sources where no labor is involved. Common examples of ...

The earned income tax credit (EITC ... If your child can file a joint return with another person (for example, their husband or wife), you cannot claim them on your tax return for the EITC.

If your income tax bill is lower than the EITC dollar amount, you will get a refund from the IRS. For example, imagine that ...