Enrolled Agent Exam [Part 2] 89, Unrelated Business Income Tax (UBIT)

Enrolled Agent Exam [Part 2] 89, Unrelated Business Income Tax (UBIT)

Published: July 25, 2026

Duration: 3:41

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The three-part test (Trade, Regularly Carried On, Not Substantially Related) for identifying Unrelated Business Income (UBI). - How the $1,000 specific deduction reduces Unrelated Business Taxable Income (UBTI). - Common exam traps involving passive income, volunteer labor, and debt-financed property. - The function and filing requirement of Form 990-T for exempt organizations w...