Information about Form 1099-Q, Payments from Qualified Education Programs, including recent updates, related forms, and instructions on how to file. File Form 1099-Q if you made a distribution …

Nov 1, 2025 · You'll receive an IRS Form 1099-Q when you withdrawal money from a 529 plan or a Coverdell Education Savings Account (Coverdell ESA). Learn when and how to include it on your tax …

Mar 25, 2025 · In simple terms, the person whose name and taxpayer ID are on the 1099-Q is the one who must account for it on their taxes. The IRS matches the form to that individual’s return.

Feb 20, 2025 · Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive distributions from a Coverdell education …

Apr 4, 2025 · The Form 1099-Q tax document goes out to taxpayers involved in educational savings plans, such as 529 plans or Coverdell Education Savings Accounts. Financial institutions issue these …

Apr 9, 2025 · We have one of our accountants breakdown everything you need to know to file a 1099-Q Form and all the rules that come along with filing the form. Who files Form 1099-Q? What information …

Sep 8, 2025 · What is IRS Form 1099-Q? IRS Form 1099-Q is a statement issued by a 529 plan or Coverdell ESA administrator that lists the amount of distributions in a given tax year.

A 1099-Q form is a record of funds distributed from a qualified tuition program (QTP or 529 plan) to an account owner, student beneficiary, or designated school. As a QTP, the GET Program is required by …

A trustee of a Coverdell education savings account (ESA) must file Form 1099-Q to report distributions made from Coverdell ESAs. Do not file Form 1099-Q for a change in the name of the designated …

Oct 28, 2025 · Form 1099-Q reports distributions from qualified education programs like a 529 plan or Coverdell ESA. Distributions are not taxable if used to pay for qualified education expenses.