501(c)(7)

USA Discussion in 'General Tax Discussion' started by Robert Branner, Dec 4, 2018.

  1. Robert Branner

    Robert Branner

    Joined:
    Jan 19, 2015
    Messages:
    3
    Likes Received:
    0
    Country Club received the proceeds from demutalized Wellpoint stock from a state unclaimed property bureau.The State sold the stock and sent cash from the sale along with the dividends.This was stock received for employees health insurance paid for prior years. Should this be taxed as unrelated business income on 990-T?
     
    Robert Branner, Dec 4, 2018
    #1
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.