The organization Shelter the Needy is completing its Form 990 and it is trying to...
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Accounting
The organization Shelter the Needy is completing its Form and it is trying to determine if it has unrelated business income on which it must pay taxes. Which of the following would be subject to unrelated business income taxes? A The Shelter sold art work it had received as a donation Employees bring in several thousand dollars from the regular sale of sweatshirts with the organization's logo on it at a price considerably above cost B C The Shelter earned revenues from the selfservice laundry facilities it provides for the benefit of tenants of its lowincome temporary housing facilities D None of the items listed would be subject to unrelated business income taxes
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