If the Unrelated Business Income of an Exempt Organization Is

question 37

True/False

If the unrelated business income of an exempt organization is $25,000 or less,the unrelated business income tax (UBIT) will be $0.

---

Definitions:

Chart Border

A decorative or functional line that encircles a chart, graph, or diagram to define its boundaries within a document or presentation.

Separate

to divide or distinguish items from one another to organize, categorize, or create distinction.

Chart

A visual representation of data designed to make it easier to understand, commonly seen in forms such as bar, line, or pie charts.

Word User Name

A customizable identifier in Microsoft Word that is associated with changes or comments made in documents, part of the software's tracking features for collaboration.