Which of the following is classified as "unearned income"?

Unearned income refers to income that is not obtained through active engagement in work or services provided. This type of income typically includes earnings such as interest, dividends, capital gains, and rent. In this scenario, interest from savings accounts is considered unearned income because it is generated from the money that has been deposited in the bank, rather than being earned through participation in a job or business activity.

In contrast, salary from a job, disability benefits, and wages from freelance work are classified as earned income since they involve active participation in an employment scenario or the provision of services. This distinction is important in tax planning as it can affect the way different types of income are reported and taxed. Thus, interest from savings accounts represents an example of unearned income, aligning with the correct answer.