What is unrelated business taxable income in Form 990?
2.3k views | Last modified 9/17/2020 6:20:55 AM EST

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

Unrelated business taxable income is the income produced by tax-exempt organizations through activities that are not related to the organization's primary tax-exempt purposes. 
For example, if a school generates income through activities that are not related to an educational purpose, the income will be considered as an unrelated business taxable income. 
An organization has to file a Form 990-T to if the gross unrelated business taxable income of the organization is $1000 or more and if an organization fails to do so, it has to provide the IRS with a reasonable explanation on an attached Schedule O.

Was this helpful? Yes No

Sign Up for a
FREE ExpressTaxExempt Account!

Register Now

Returning User? Sign in

Couldn't find what you
are looking for?

Contact Us

(704) 839-2321 [email protected]