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unrelated business income 501 c 7

VPBC1
Level 3

1. For a 501 c 7 recreational organization does URBI interest get reported on the 990 or just the 990T or both?  2.  If this interest is on reserve funds such as stock redemption or capital improvement funds are they still URBI or "operational" interest?.    

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1 Comment 1
sjrcpa
Level 15

Everything gets reported on the 990.

The 990T reports only the UBIT items.


Ex-AllStar