turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

decia39
New Member

Regulated Investment Co (RIC) retained Capital Gains

The nominee of my IRA (Charles Schwab) filed form 990-T requesting rebate of taxes paid by (RIC) on my behalf for tax years 2017 & 2018 on MCI and MPV (stocks held in my IRA).  In the past I have always received the tax credit in my account by May or June in year filed.  To date I have received no refund of these taxes.  Charles Schwab (the nominee of my IRA) say they have filed the 990-T requesting refund, however the IRS has failed to make refund.  Is there a problem with the IRS ?  What recourse do I have.

2017 refund is overdue by 1 1/2 years and 2018 refund is overdue by 6 months.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Regulated Investment Co (RIC) retained Capital Gains

Talk to the IRA administrator ... they may need to file the forms again if they got lost. 

decia39
New Member

Regulated Investment Co (RIC) retained Capital Gains

That's my problem.  The administrator says they have filed the 990-T for 2017 and 2018 but the IRS has not refunded the taxes.  Has anyone else out there had this problem?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies