Question: Greg is an unmarried, 2 9 - year - old taxpayer. He received the following income for the year: Wages: $ 4 4 , 5

Greg is an unmarried, 29-year-old taxpayer. He received the following income for the year:
Wages: $44,500.
Interest from a bank savings account: $50.
Unemployment compensation: $7,000.
Gift from his father: $3,000.
How much of Greg's income is considered earned income?

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