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December 9, 2024
Question

UBIT in a Regular Account ?

  • December 9, 2024
  • 1 reply
  • 0 views

Can you be taxed UBIT in a regular brokerage account or only in IRA type accounts ?

    1 reply

    Employee
    December 9, 2024

    Individuals do not pay UBIT because an individual is not a tax-exempt entity.