Prepaid Expenses, Unearned Income, and Other Current Assets

2018 ◽  
pp. 69-73
Author(s):  
Felix I. Lessambo
Keyword(s):  
Unearned Income

scholarly journals Pensions and Retirement Among Black Union Army Veterans

2010 ◽  
Vol 70 (3) ◽  
pp. 567-592 ◽  
Author(s):  
Dora L. Costa
Keyword(s):  
Twentieth Century ◽  
Racial Differences ◽  
Living Arrangements ◽  
Independent Living ◽  
Union Army ◽  
Income Transfer ◽  
Income Transfers ◽  
Retirement Decisions ◽  
Unearned Income

I examine the effects of an unearned income transfer on the retirement rates and living arrangements of black Union Army veterans. I find that blacks were more than twice as responsive as whites to income transfers in their retirement decisions and 6 to 8 times as responsive in their choice of independent living arrangements. My findings have implications for understanding racial differences in rates of retirement and independent living at the beginning of the twentieth century, the rise in retirement prior to 1930, and the subsequent convergence in black-white retirement rates and living arrangements.

The Kiddie Tax and Scholarship Income: An Analysis of the Unforeseen Tax Consequences Resulting from the Evolution and Execution of IRC 1(g) and a Roadmap for Reform

2015 ◽  
Vol 13 (2) ◽  
pp. 49-64
Author(s):  
Rachael E. Rubenstein ◽  
Thomas F. Madison ◽  
Kent W. Royalty
Keyword(s):  
College Students ◽  
Young Adults ◽  
Tax Reform ◽  
Tax Avoidance ◽  
Unintended Consequences ◽  
Legislative History ◽  
The Public ◽  
Minor Children ◽  
Unearned Income

ABSTRACT One of the changes contained in the Tax Reform Act of 1986 is the tax on unearned income of minor children, also known as the “kiddie tax.” We review this tax, its legislative history, the amendments and interpretations that have enlarged its application, and the unintended consequences that resulted from the expansion of the kiddie tax to young adults up to the age of 24, specifically as it applies to taxable scholarship income. Many college students whose higher educations are heavily subsidized by scholarships may face significant tax burdens as a result of the kiddie tax. This reality is not in line with the congressional intent of curtailing tax avoidance through shifting ownership of income-producing assets. We provide examples of the tax's impact, and we conclude by offering potential solutions that protect the public fisc while reducing the negative and unintended consequences created by expansion of the kiddie tax.

THE MEASUREMENT OF UNEARNED INCOME: A GENERAL THEORY

1964 ◽  
Vol 3 (1-2) ◽  
pp. 89-100
Author(s):  
NEIL RUNCIE
Keyword(s):  
General Theory ◽  
Unearned Income

Patterns of Substance Abuse among Rural Black Adolescents

1996 ◽  
Vol 26 (4) ◽  
pp. 751-781 ◽  
Author(s):  
Stan L. Albrecht ◽  
Cheryl Amey ◽  
Michael K. Miller
Keyword(s):  
Substance Abuse ◽  
Family Structure ◽  
Protective Role ◽  
Religious Attendance ◽  
Bivariate Analysis ◽  
Grade Point ◽  
Minority Adolescents ◽  
Unearned Income ◽  
Monitoring The Future ◽  
Using Data

Adolescent substance abuse continues to be a major health-related problem in this country. Although substantial information is available on the overall incidence of use, comparatively little attention has been given to use patterns among minority adolescents or those who reside in nonmetropolitan areas. Using data from the most recent Monitoring the Future survey, we examine the role of race and residence in affecting substance abuse patterns. Overall, our findings are consistent with previously reported research in indicating that residence differences are modest. Additionally, compared with Whites, Black youth are much less likely to report drug use. In the bivariate analysis, major correlates of use include gender, family structure, religious attendance, grade point average (GPA), and the availability of unearned income. In the multivariate analysis, race, family structure, religious attendance, GPA, and unearned income remain significant. The potential protective role played by family and church in the rural, Black context is discussed.

scholarly journals How Americans Respond to Idiosyncratic and Exogenous Changes in Household Wealth and Unearned Income

2021 ◽  
Author(s):  
Mikhail Golosov ◽  
Michael Graber ◽  
Magne Mogstad ◽  
David Novgorodsky
Keyword(s):  
Household Wealth ◽  
Unearned Income
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