Scottrade Bank Complaint: Account opening, closing, or management

#1729885 7 Jan 2016

Bank account or service Other bank product/service

Complaint #1729885 submitted on 01/07/2016 relating to Scottrade Bank. Complaint relates to Bank account or service Other bank product/service - Account opening, closing, or management .

Complaint was submitted via Web and sent to the company on Thursday 7th January 2016.

Narrative (may be redacted).

Scottrade submitted false information to the IRS and refuses to correct it, that is the short story.

More information : During the past years when I previously used my former Scottrade account, I noticed a number of problems with Scottrade 's XXXX submissions that they were reporting to the IRS. The problems included incorrect trade dates, improperly formatted items, and most severely incorrect profit/loss calculations. ( Brief research on this topic shows that Scottrade has a number of complaints about late, false, or incorrect XXXX. ) I contacted Scottrade to have these issued resolved and unbelievably, they refuse to respond and claim that because I am no longer a customer, I am no longer eligible for account services. Interestingly enough, the IRS agreed with me, corrected the problems and sent me a balance for the overpaid tax. Shortly after that and shortly after my complaints to Scottrade, Scottrade re-submitted unchanged XXXX forms to the IRS. The IRS then processed those forms and promptly asked for the balance that I had received back.

Company Scottrade Bank
Complaint ID 1729885
Date Received 01/07/2016
Product Bank account or service Other bank product/service
Issue Account opening, closing, or management
State/ZIP Code CA 959XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed
Submitted Web 01/07/2016
Result Timely Response: Yes, Consumer Disputed: Yes
 

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