Question
MED EXEMPT ENTITIES #5 A 501(c)(3) has Net Unrelated Business Income of $ 41,794, net gain on sale of property of $ 8,714, net research
MED EXEMPT ENTITIES #5
A 501(c)(3) has Net Unrelated Business Income of $ 41,794, net gain on sale of property of $ 8,714, net research income of $ 1,094, and a charitable contribution deduction (not in excee of 10% of UBTI) of $ 5,208. What is this organization's unrelated business taxable income?
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Portfolio Of Marketing Audits Company Self Assessment Audits
Authors: David Crosby
1st Edition
1902433157, 978-1902433158
