UBTI means unrelated business taxable income.
UBTI means unrelated business taxable income determined in accordance with Sections 511-514 of the Code.
Examples of UBTI in a sentence
We do not monitor the amount of UBTI in the Traditional IRA account with us and do not prepare Form 990‐T.
Such income must be considered in conjunction with all such income from all the Traditional IRA accounts and may be taxable to your account(s) to the extent that all UBTI for a given taxable year exceeds the threshold amount set by the IRS (currently $1000).
Therefore, you must monitor UBTI for this and any other Traditional IRA account which you may hold and prepare, or have prepared, the proper 990‐T tax form and forward it to us for filing, along with authorization to pay any tax due from the Traditional IRA account.
More Definitions of UBTI
UBTI means unrelated business taxable income as defined in ss.512 and ss.514 of the Code.
UBTI means "unrelated business taxable income" as defined in Code Sections 511 through 514 or, where the context so requires, gross income required to be taken into account in determining unrelated business taxable income pursuant to Code Section 513.
UBTI means Unrelated Business Taxable Income as defined in the Code.
UBTI shall have the meaning set forth in Section 6.7 hereof.
UBTI shall have the meaning set forth in Section 12.14.
UBTI. ’ means unrelated business taxable income as defined under Section 512(a) of the Internal Revenue Code.