Multiple Choice
An individual can generally receive a tax deduction for contributions to which type of not-for-profit organization?
A) 501(c) (1) organization.
B) 501(c) (3) organization.
C) 527 organization.
D) Any not-for-profit organization granted tax exemption by the IRS.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: Intermediate sanctions can be imposed by the
Q36: The income most likely to be considered
Q37: Only 501(c)(3) organizations receiving at least 50
Q38: Which of the following not-for-profit organizations is
Q39: "Excess benefit transactions" are those in which
Q41: Not-for-profit corporations cannot lobby or attempt to
Q42: Public disclosure rules require that a tax-exempt
Q43: Unrelated business income tax is reported on
Q44: Not-for-profit organizations are required to file audited
Q45: A disqualified person is a person who