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March 16, 2024
Question

IS OVERRIDING ROYALTY INCOME UNEARNED INCOME?

  • March 16, 2024
  • 2 replies
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2 replies

SharonD007
March 16, 2024

Royalty income can be earned income if it is the result of work being published; otherwise ‌it's considered unearned income.

 

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March 16, 2024

oil and gas - nonworking interest  - then yes - unearned income.