Unearned income cannot be contributed to individual retirement accounts (IRAs). According to the Internal Revenue Service (IRS), earned income includes wages, salaries, tips, and self-employment ...
Deferred revenue is a payment a company receives in advance for products or services it has not yet delivered. Also called unearned revenue, it appears as a liability on a company's balance sheet ...
However, the payment is not yet counted as revenue. Deferred revenue, which is also referred to as unearned revenue, is ...