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How does a church report unrelated business income to the IRS?

April 26, 2017Business church income IRS report unrelated

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How does a church report unrelated business income to the IRS?

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Unrelated business taxes are reported on IRS Form 990-T. Unrelated business income is income from a trade or business regularly carried on, which is not substantially related to the charitable purpose of the church. If your church has $1,000 or more gross income (less allowable deduction) from unrelated business, you must file Form 990-T.