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Education savings plans can be intimidating, but filing the 1099-Q form doesn't have to be daunting. Whether you are an account holder on either a 529 plan or Coverdell ESA, Form 1099-Q helps report the distributions made during the entire year. Tax1099.com makes preparing and e-filing your 1099-Q forms streamlined so that you can adhere to IRS regulations without a hassle.
Form 1099-Q reports the amounts distributed from qualified tuition programs, commonly known as 529 plans, and Coverdell Education Savings Accounts. You are required to file this form if you have receipts of distribution made from such accounts, since it reports what you spent such distributed funds for, whether qualified education or nontreated purposes. The Internal Revenue Service requires issuers to file Form 1099-Q with it for every account offering a distribution.
Tax1099.com enables you to e-file your 1099-Q forms directly with the IRS in just a few steps. The process, designed for ease of use, simplifies data entry so that you may report distributions easily and accurately.
Avoid the time-consuming manual entry of data by using our platform’s easy import tools. Upload your information from spreadsheets or integrate with your accounting software to populate your forms in minutes.
Your data’s security is our top priority. Tax1099.com is SOC 2 Type II certified, ensuring that your sensitive information is safe and secure during the entire filing process.
Our built-in error-checking feature alerts you to potential errors in your forms, helping you avoid costly mistakes before submitting them to the IRS.
Stay compliant with IRS filing deadlines and requirements. Tax1099.com automatically updates to reflect the latest IRS regulations, so you’re always in the know.
529 Plan Administrators – Required to report distributions made from the plan to the account holder or designated beneficiary.
Coverdell ESA Custodians – Responsible for reporting withdrawals made from the savings accounts used to cover educational expenses.
Parents and Students – Beneficiaries who receive distributions for qualified education expenses or any other non-qualified withdrawals.
Subscribe Now| Filing Type | Due Date |
| Recipient Copy | Friday - January 31, 2025 |
| IRS eFile | Monday - March 31, 2025 |
| IRS Paper Filing | Friday - February 28, 2025 |
1. Create Your Account: Sign up on Tax1099.com and get your account ready in just a few minutes
2. Prepare Your Form: Import data or fill in all the information manually and get your Form 1099-Q.
3. E-File with the IRS: Directly e-file your ready form to the IRS using our secure e-file system.
4. Track Filing Status: Get instant updates of the status of your filing so you are always aware of your compliance status.
Simple User Interface – User-friendly interface
Bulk filing option – Ability to File Multiple 1099-Q Forms in a Single Submission - Convenience for large issuers
Affordable Pricing – Don't break the bank. File only what you need with our flat, per-form cost model
Total Support Package – Let our live chat team know or read one of our informed resources; we are here for you, every step of the way
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The CFSFP Combined Federal State Filing Program allows parts of your federal eFile to be transmitted to the state at no extra charge. Non-participating states must receive a direct file. Learn more about state filing here.
