Instructions For Form 1099-Q - 2018
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1
22018
Department of the Treasury
Internal Revenue Service
Instructions for
Form 1099-Q
Payments From Qualified Education Programs (Under Sections 529 and 530)
Section references are to the Internal Revenue Code unless
Family members of the designated beneficiary include the
otherwise noted.
beneficiary's spouse. Also included are the beneficiary's
children, stepchildren, foster children, and their descendants;
Future Developments
siblings and their children; parents, their siblings, and
ancestors; stepparents; in-laws; the spouse of any of the
For the latest information about developments related to
foregoing; and any first cousin of the designated beneficiary.
Form 1099-Q and its instructions, such as legislation enacted
after they were published, go to IRS.gov/Form1099Q.
Statements to Recipients
What’s New
If you are required to file Form 1099-Q, you also must furnish
a statement to the recipient. Furnish a copy of Form 1099-Q
Due to the very low volume of paper Forms 1099-Q received
or an acceptable substitute statement to each recipient. See
and processed by the IRS each year, this form has been
part M in the 2018 General Instructions for Certain
converted to an online fillable format. You may fill out the
Information Returns.
form, found online at IRS.gov/Form1099Q, and send Copy B
to the recipient. For filing with the IRS, follow your usual
Truncating recipient’s TIN on payee statements.
procedures for filing electronically if you are filing 250 or more
Pursuant to Treasury Regulations section 301.6109-4, all
forms. If you are filing this form on paper due to a low volume
filers of this form may truncate a recipient’s TIN (social
of recipients, for this form only, you may send in the
security number (SSN), individual taxpayer identification
black-and-white Copy A with a Form 1096 that you print from
number (ITIN), adoption taxpayer identification number
the IRS website.
(ATIN), or employer identification number (EIN)) on payee
Reminder
statements. Truncation is not allowed on any documents the
filer files with the IRS. A payer’s/trustee's TIN may not be
In addition to these specific instructions, you should also use
truncated on any form. See part J in the 2018 General
the 2018
General Instructions for Certain Information
Instructions for Certain Information Returns.
Returns. Those general instructions include information
about the following topics.
Payer's Name and TIN
Who must file (nominee/middleman).
QTP. For the payer's/trustee's name and TIN, enter the
When and where to file.
name and EIN of the QTP. For a program established and
Electronic reporting requirements.
maintained by a state that uses the EIN of the state, enter the
Corrected and void returns.
name of the state on the first name line and the name of the
Statements to recipients.
program on the second name line.
Taxpayer identification numbers (TINs).
Backup withholding.
Coverdell ESA. Enter the name and EIN of the trustee.
Penalties.
Other general topics.
Recipient's Name and TIN
You can get the general instructions from
General
QTP. List the designated beneficiary as the recipient only if
Instructions for Certain Information Returns
at
IRS.gov/
the distribution is made (a) directly to the designated
1099generalinstructions, or go to IRS.gov/Form1099Q.
beneficiary, or (b) to an eligible educational institution for the
benefit of the designated beneficiary. Otherwise, list the
Specific Instructions
account owner as the recipient of the distribution. Enter the
TIN for the applicable recipient.
File Form 1099-Q, Payments From Qualified Education
Coverdell ESA. Enter the name and TIN of the designated
Programs (Under Sections 529 and 530), if you (a) are an
beneficiary as the recipient.
officer or an employee, or the designee of an officer or
employee, having control of a program established by a state
Account Number
or eligible educational institution; and (b) made a distribution
from a qualified tuition program (QTP). A trustee of a
The account number is required if you have multiple
Coverdell education savings account (ESA) must file Form
accounts for a recipient for whom you are filing more than
1099-Q to report distributions made from Coverdell ESAs.
one Form 1099-Q. Additionally, the IRS encourages you to
designate an account number for all Forms 1099-Q that you
Do not file Form 1099-Q for a change in the name of the
file. See part L in the 2018 General Instructions for Certain
designated beneficiary on a QTP account if the new
Information Returns.
beneficiary is a member of the former beneficiary's family.
For a Coverdell ESA, the new beneficiary must be a member
Box 1. Gross Distribution
of the designated beneficiary's family and be under age 30
Gross distributions from a QTP, whether in cash or in-kind,
(except beneficiaries with special needs).
include amounts for tuition credits or certificates, payment
Aug 08, 2017
Cat. No. 32260M
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