Table of Contents

• Publication 598 - Introductory Material
  • What's New
  • Introduction
  • Useful Items - You may want to see:
• 1.   Organizations Subject to the Tax
• 2.   The Tax and Filing Requirements
  • Returns and Filing Requirements
  • Payment of Tax
    • Federal Tax Deposits Must be Made by Electronic Funds Transfer
• 3.   Unrelated Trade or Business
  • Selling of products of exempt functions.
  • Dual use of assets or facilities.
  • Exploitation of exempt functions.
  • Examples
    • Exceptions.
  • Excluded Trade or Business Activities
    • Qualified sponsorship payment.
    • Advertising.
    • Exception for contingent payments.
    • Exception for periodicals.
    • Exception for conventions and trade shows.
    • Legal definition.
    • Legal where played.
    • No for-profit games where played.
• 4.   Unrelated Business Taxable Income
  • Income
    • Exclusions
    • Dues of Agricultural Organizations and Business Leagues
  • Deductions
    • Directly Connected
    • Exploitation of Exempt Activity—Advertising Sales
    • Modifications
  • Partnership Income or Loss
  • S Corporation Income or Loss
  • Special Rules for Foreign Organizations
  • Special Rules for Social Clubs, VEBAs, SUBs, and GLSOs
    • Income that is set aside.
  • Special Rules for Veterans' Organizations
  • Income From Controlled Organizations
    • Addition to tax for valuation misstatements.
    • Net unrelated income.
    • Net unrelated loss.
    • Control.
  • Income from property financed with qualified 501(c)(3) bonds.
  • Disposition of property received from taxable subsidiary and used in unrelated business.
  • Income From Debt-Financed Property
  • Debt-Financed Property
    • Acquisition Indebtedness
    • Computation of Debt-Financed Income
    • Deductions for Debt-Financed Property
    • Allocation Rules
    • How to Get Tax Help
• Publication 598 - Additional Material
• Index