Earned income refers to the money that you make from working, including salaries, wages, tips and professional fees. Unearned income, comparatively, is the money that you receive without ...

Home; Taxes; Income Tax; Types of Income the IRS Doesn't Tax: What to Know for 2025. It may feel like the IRS taxes most of your hard-earned money, but some types of income are nontaxable.

One is the 0.9% Additional Medicare Tax on earned income above $200,000 ($250,000 for married couples filing jointly). ... Tax Policy The House passed its version of Trump’s "One Big, ...