Best Answer: 'Affix' is to secure to something, to attach. You 'affix' the stamp to the envelope. Affix is also a word element, such as a prefix or a suffix that is ...
Depends on who's asking. For the Federal government, gross income is income from all sources- earned and unearned. Unearned income is your money making money- investments, dividends, capital gains, sale of property. Earned income is, well, what you actually toiled to attain, like wages, consultation fees, jury duty payment, etc.
Understanding the difference between what is unearned income and what is earned income is important, because they receive different tax treatments. The difference matters for other tax considerations, too, such as IRA contributions and the Earned Income Tax Credit. Earned income Let's review earned income first. Per the IRS, it includes what you would expect: wages, salaries, tips, and other taxable employee pay.. It also includes many kinds of self-employment income, including income from owning a farm, working as clergy for any religion, or as a statutory employee.