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Rev. Run. 68504, 19682 C.B. 211 A nonprofit organization formed and operated to conduct an educational program for bank employees in a particular urban area qualifies for exemption under section 501(c)(3)

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What is rev rul 68-504 1968-2?

Rev. Rul. 68-504, 1968-2 C.B. 136 provides guidance on a specific tax issue.

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Taxpayers who are in situations outlined in the revenue ruling may be required to file.

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Taxpayers should carefully review the instructions provided in the revenue ruling and accurately report the required information.

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The purpose of the revenue ruling is to clarify a particular tax issue and provide guidance to taxpayers.

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The revenue ruling specifies the information that must be reported, which could include details about income, deductions, or credits relevant to the tax issue.

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