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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
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Experience:  10 years experience
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JA: . What seems to be the problem? Customer:

Customer Question

JA: Hello. What seems to be the problem?
Customer: I get disability insurance payments (not Social Security Disability) but a company- Northwestern Mutual. Do you think Investment income counts as "earned income" for them?
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Submitted: 1 year ago.
Category: Tax
Expert:  emc011075 replied 1 year ago.
Hi. My name is ***** ***** I will be happy to help you. No, investment income is not earned income. Earned income is your job, income from self-employment or any type of income you get for offering your services or doing something for somebody. Investment income is type of income you get when you invest your own money. earned income = you work for moneyinvestment income = your money work work for you Disability payments before your official retirement is usually earned income - substitution of your wages. Disability pension income is considered a portfolio income, not earned income.