What is unearned income for Form 8615?

For Form 8615, unearned income is considered any income from investments and other sources besides work. Some examples include:

• Interest or Dividends
• Capital gains
• Rents and Royalties
• Unemployment compensation
• Taxable Social Security benefits
• Pensions and annuities
• Distributions of unearned income from a trust
• Taxable scholarships or fellowship grants not on Form W-2