$980,988 or more. Source: California Franchise Tax Board. Note: Use the above table if your taxable income was over $100,000 in 2024. If your taxable income was $100,000 or less, you'll use the ...

UBTI is income earned by a tax-exempt entity from activities unrelated to its exempt purpose. Unrelated Business Taxable Income (UBTI) is the income earned by a tax-exempt entity from activities ...