How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

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To: John Chen who wrote (5986)	4/22/1998 7:09:00 PM
From: Dwight E. Karlsen	Read Replies (1) of 74651

John, "unearned income" is an IRS term. Your trading profits and losses are "capital gains and losses", and as such are indeed also "unearned income". "Unearned" in IRS lingo means things you don't actually go out and sweat over, like rental income, interest and dividend income, sales of assets, etc.

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