Multiple choice

This government certificate verifies that a business is non-profit

  1. 501A

  2. 501B

  3. 503D

  4. 501C
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

501(c) is the section of the IRS tax code that grants tax-exempt status to non-profit organizations. The question uses shorthand notation; the actual classification is 501(c), not 501C as a standalone number.

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