My client received Form 990T . I am seeing this for the first time. Do I need to take any information from this and report on the individual return?

[abctax55 · Accepted solution]

Actually, to answer the specific question asked:

No

[nishavithalani]

Thanks

[IRonMaN]

Their IRA invested in a limited partnership maybe?

https://ttlc.intuit.com/community/retirement/discussion/i-received-a-990-t-from-my-ira-custodian-how...

[abctax55]

But why does anyone send out the whole friggin' form?  
We've had questions about getting K-1's invested in by the IRA's.  And questions about what to do with UBIT shown on K-1's.
NMI..

[abctax55]

A Not For Profit organization uses a F 990-T to report taxable income.

Are you sure that's the form your client received?

[nishavithalani]

Yes my client received this.

[abctax55]

OK...why?  The form isn't sent to individuals, it is filed with the IRS. Is your client on the Board on the Mot for Profit Organization?