Form 1099-QA – Education Savings Account (ESA) – Tax Reporting
Form 1099-QA is a crucial tax document used in the United States to report distributions and withdrawals from Education Savings Accounts (ESAs). An ESA, often referred to as a Coverdell ESA, is a tax-advantaged savings account created to fund education expenses. The purpose of Form 1099-QA is to provide a comprehensive overview of the distributions…