Form 1099-Q reports distributions from 529 college savings plans and Coverdell Education Savings Accounts. The recipient deadline for tax year 2025 is February 2, 2026.

Form 1099-Q Recipient Deadline: February 2, 2026. Call +1-866-513-4656

Form 1099-Q is issued by plan administrators to report distributions from qualified education programs, including 529 plans and Coverdell Education Savings Accounts (ESAs). Accurate reporting ensures proper tax treatment of withdrawals used for education expenses.

What Is Form 1099-Q?

Form 1099-Q reports:

• Distributions for tuition, fees, books, supplies, and equipment
• Distributions for K–12 and higher education expenses (for qualified plans)
• Earnings portion of withdrawals

For official guidance, see IRS Form 1099-Q Instructions.

1099-Q Recipient Deadline for 2026

For tax year 2025:

• Recipient copy deadline: February 2, 2026

The standard January 31 deadline shifts to the next business day if it falls on a weekend.

Who Issues and Who Reports Form 1099-Q?

• Plan administrators (529 plan or ESA trustee) issue Form 1099-Q
• Taxpayers report the taxable portion (if any) on Form 1040

Qualified education expenses are tax-free, but non-qualified withdrawals are taxable and may incur a 10% penalty. For guidance, see IRS Publication 970 – Tax Benefits for Education.

Is All Form 1099-Q Income Taxable?

No.

• Qualified distributions used for education expenses are tax-free
• Non-qualified distributions are taxable and subject to a 10% additional tax
• The earnings portion of a non-qualified distribution is included in income

It’s important to keep receipts and documentation to substantiate qualified expenses.

FAQs: Form 1099-Q

1. Do I have to file Form 1099-Q?

No. The plan administrator files it. You report the taxable portion, if any, on your tax return.

2. What if I didn’t receive Form 1099-Q?

Contact your plan administrator for a copy.

3. Are all withdrawals taxable?

No. Only non-qualified withdrawals are taxable and may incur a penalty.

4. Can the form contain errors?

Yes. Verify the distributions, earnings, and amounts, and request corrections if needed.

Get Help With Form 1099-Q

Education savings distributions can be tricky, especially if only part of the distribution is taxable. Professional guidance ensures accurate reporting and compliance.

Call +1-866-513-4656 for expert help with Form 1099-Q, 529 plan distributions, and IRS compliance.

Final Note

If you receive Form 1099-Q, review it carefully. The recipient deadline is February 2, 2026, and proper reporting protects you from IRS penalties.

Call +1-866-513-4656 today for trusted tax assistance.