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