What is unrelated business gross income?
799 views | Last modified 6/23/2023 2:17:59 AM EST

Applicable To
990-PF 990-N 990-EZ 990 8868 1120-POL

An exempt organization's unrelated business gross income is the income produced by the organization through activities unrelated to scientific, educational, charitable, or any other tax-exempt purposes. Organizations with an unrelated business gross income of $1,000 or more must file Form 990-T.

Certain foundations are also liable to pay taxes on their unrelated business income if their estimated tax is $500 or more. This income can be calculated using Form 990-T and must be paid in installments.

Was this helpful? Yes No

Couldn't find what you
are looking for?

Contact Us

(704) 839-2321 [email protected]