Resources
UBIT Professional LLC has compiled a list of reference materials that may be helpful as you consider your UBIT implications. A variety of IRS Publications, relevant forms, resources and UBIT Professional’s own education can be found below.
Contact UBIT Professional for more information.
IRS Instructions for Form 990-T
IRS Publication 598 – Tax on Unrelated Business Income of Exempt Organizations
Internal Revenue Code Sections 511-514 – (511) Imposition of tax on unrelated business income of charitable organizations, etc.; (512) Unrelated business taxable income; (513) Unrelated trade or business; (514) Unrelated debt financed income
IRS Publication 536 – Net Operating Losses (NOLs) for Individuals, Estates, and Trusts
This simple series of questions can help investors determine the potential for UBIT and when it may be prudent to take a closer look at their situation to ensure compliance.
What is UBIT?
Take 5 minutes to learn more and understand unrelated business income tax (UBIT) and when it could apply to your IRA investments. You’ll see an overview of the Form 990-T filing process and what options you have to complete the necessary paperwork.
How Could UBIT Impact My Investments?
The following 10 minute video will deconstruct the two most common investment options that generate unrelated business income tax (UBIT) within an IRA – real estate with debt financing and operational businesses such as LLCs and LPs. It details some specifics behind the trust tax rates, carrying forward a net operating loss, performing a pro-forma analysis, and the 990-T filing process.
UBIT and Limited Partnerships in an IRA
This 5-minute video explains when and how UBIT may impact IRAs invested in Limited Partnerships and other flow-through entities. You will discover the process of reporting and filing UBIT in this situation and how UBIT Professional may be able to help minimize your tax exposure.
UBIT and IRA Investments Webinar
This 40 minute webinar takes an in-depth look at Unrelated Business Income Tax. It will describe the tax in detail, including why it was enacted by the federal government, and then outlines how it pertains to both debt-financed real estate and LP/LLC investments within an IRA. We will walk through an example pro-forma analysis of debt-financed real estate so you learn how the tax is calculated and reported to the IRS.
Quick-Start Guide to Unrelated Business Taxable Income (UBTI) within an IRA
The following 2 page report overviews the basic premise of Unrelated Business Income Tax and some important factors to consider.
Decoding Unrelated Business Taxable Income (UBTI) Within an IRA
This 10 page report discusses the Internal Revenue Code pertaining to UBIT. A great resource for CPAs, financial professionals, or investors seeking the specific laws pertaining to the tax.
To UBIT or Not to UBIT? Whitepaper
This 3 page whitepaper provides insight on the topic of including UBTI-generating investment strategies in retirement plan portfolios.
Infographic: UBIT Explained – Understanding the Process
This infographic graphically depicts the primary 5 steps required for tax reporting and filing requirements for UBIT and provides a look at how the process works.
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