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Is income from e-scrip considered unrelated business income?

April 26, 2017Business e-scrip income unrelated

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Is income from e-scrip considered unrelated business income?

1 Answer

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While the income is from a business and regularly carried on, as an approved PTA fund raiser, the proceeds are related to the PTA’s exempt purpose. If the level of effort on the part of the PTA in raising funds is insignificant, then there should be no unrelated business income.