[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-301872-105":53,"doc-detail-301872-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","form-1099-q-instructions-for-recipient-corrected","Form 1099-Q - Instructions for Recipient - Corrected","","Form 1099-Q (Rev. April 2025) provides tax information for distributions from Qualified Education Programs under sections 529 and 530, including Coverdell education savings accounts (CESAs) and qualified tuition programs (QTPs). The document includes recipient instructions covering taxable versus nontaxable treatment, how to identify the payer and recipient details, and how to interpret key boxes such as gross distribution, earnings, and basis. It also explains potential penalties, account and TIN display rules, and guidance on determining earnings and taxes using IRS publications, including Pub. 970 and related forms.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":21,"@type":70,"position":76},"https://docshare.wps.com/template/invoices/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/form-1099-q-instructions-for-recipient-corrected/301872/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/form-1099-q-instructions-for-recipient-corrected/301872.png","ImageObject",442,249,{"name":88,"@type":89},"Fans","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-24","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":9},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"Are all distributions from CESAs and QTPs taxable?","Question",{"text":108,"@type":109},"Not necessarily. Nontaxable distributions from CESAs and QTPs are not required to be reported on the recipient income tax return, but the recipient must determine taxability for each distribution. Refer to Pub. 970 and the Form 1040/1040-SR instructions for more details.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What does Box 1 on Form 1099-Q report?",{"text":113,"@type":109},"Box 1 shows the gross distribution paid to the recipient this year from a QTP or CESA, including in-kind distributions. The total relates to the amounts shown in Boxes 2 and 3.",{"name":115,"@type":106,"acceptedAnswer":116},"How do Boxes 2 and 3 affect income reporting?",{"text":117,"@type":109},"Box 2 shows the earnings portion of the gross distribution in Box 1, generally excluded when used for qualified education expenses or certain rollovers/transfers under specified conditions. Box 3 shows the recipient’s basis in the gross distribution.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},301872,1790287170,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":20,"category_name":21,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":9,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":76,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},5909892330395,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","3131  \nVOID  \nCORRECTED  \n\n| PAYER'S/TRUSTEE'S name,street address,city or town,state or province,  \u003Cbr>country,ZIP or foreign postal code,and telephone no.   |  | 1 Gross distribution  \u003Cbr>$   | OMB No.1545-1760  \u003Cbr>Fom 1099-Q  \u003Cbr>(Rev.April 2025)   | Payments From  \u003Cbr>Qualified  \u003Cbr>Education  \u003Cbr>Programs  \u003Cbr>(Under Sections  \u003Cbr>529 and 530)   |  |\n| --- | --- | --- | --- | --- | --- |\n|  |  | 2 Eamings  \u003Cbr>$   |  |  |  |\n|  |  |  | For calendar year   |  |  |\n| PAYER'S/TRUSTEE'S TIN   | RECIPIENT'S TIN   | 3 Basis  \u003Cbr>$   | 4 Type of transfer:  \u003Cbr>Trustee-to-trustee  \u003Cbr>a  \u003Cbr>b□(  \u003Cbr>QTP to Roth IRA   |  | Copy A  \u003Cbr>For  \u003Cbr>Internal Revenue  \u003Cbr>Service Center  \u003Cbr>For filing information,  \u003Cbr>Privacy Act,and  \u003Cbr>Paperwork Reduction  \u003Cbr>Act Notice,see the  \u003Cbr>General Instructions  \u003Cbr>for Certain  \u003Cbr>Information  \u003Cbr>Returns.  \u003Cbr>www.irs.gov/Fom1099   |\n| RECIPIENT'S name   |  |  |  |  |  |\n|  |  | 5 Distribution is from:  \u003Cbr>Private QTP  \u003Cbr>a  \u003Cbr>b  \u003Cbr>State QTP  \u003Cbr>CoverdellESA  \u003Cbr>c   | 6 Check if the recipient is  \u003Cbr>not the designated  \u003Cbr>beneficiary   |  |  |\n| Street address(including apt.no.)   |  |  |  |  |  |\n| City or town,state or province,country,and ZIP or foreign postal code   |  |  |  |  |  |\n| Account number(seeinstructions)   |  |  |  |  |  |\n|  |  |  |  |  |  |\n\nForm 1099-Q (Rev.4-2025  \nCat.No.32223J  \nwww.irs.gov/Form1099Q Department of the Treasury-Intemal Revenue Service  \nDo Not Cut or Separate Forms on This Page —Do Not Cut or Separate Forms on This Page  \nCORRECTED(if checked)  \n\n| PAYER'S/TRUSTEE'S name,street address,city or town,state or province,  \u003Cbr>country,ZIP or foreign postal code,and telephone no.   |  | 1 Gross distribution  \u003Cbr>$   | OMB No.1545-1760  \u003Cbr>Form 1099-Q  \u003Cbr>(Rev.April 2025)   | Payments From  \u003Cbr>Qualified  \u003Cbr>Education  \u003Cbr>Programs  \u003Cbr>(Under Sections  \u003Cbr>529 and 530)   |  |\n| --- | --- | --- | --- | --- | --- |\n|  |  | 2 Eamings  \u003Cbr>$   |  |  |  |\n|  |  |  | For calendar year   |  |  |\n| PAYER'S/TRUSTEE'S TIN   | RECIPIENT'S TIN   | 3 Basis  \u003Cbr>$   | 4 Type of transfer:  \u003Cbr>Trustee-to-trustee  \u003Cbr>a  \u003Cbr>b□(  \u003Cbr>QTP to Roth IRA   |  | Copy B  \u003Cbr>For Recipient  \u003Cbr>This is important tax  \u003Cbr>infomaton and is  \u003Cbr>being furnished to  \u003Cbr>the IRS.If you are  \u003Cbr>required to file a return,  \u003Cbr>a negligence penalty  \u003Cbr>or other sanction may  \u003Cbr>be imposed on you  \u003Cbr>if this income is  \u003Cbr>taxable and the IRS  \u003Cbr>determines that it has  \u003Cbr>not been reported   |\n| RECIPIENT'S name   |  |  |  |  |  |\n|  |  | 5 Distribution is from:  \u003Cbr>Private QTP  \u003Cbr>a  \u003Cbr>b  \u003Cbr>State QTP  \u003Cbr>c  \u003Cbr>CoverdellESA   | 6 Check if the recipient is  \u003Cbr>not the designated  \u003Cbr>beneficiary   |  |  |\n| Street address(including apt.no.)   |  |  |  |  |  |\n| City or town,state or province,country,and ZIP or foreign postal code   |  | 7 If the fair market value(FMV)is shown below,see Pub.970,  \u003Cbr>Tax Benefits for Educationfor how to figure eamings.   |  |  |  |\n| Account number(see instructions)   |  |  |  |  |  |\n\n.  \nForm 1099-Q (Rev.4-2025  \n(keep for your records)  \nwww.irs.gov/Form1099Q  \nDepartment of the Treasury-Intema Revenue Service  \n# Instructions for Recipient\n\nDistributions from Coverdell education savings accounts(CESAs)under section 530and qualifed tuition programs (QTPs)under section 529,including rollovers,may betaxable.Nontaxable distributions from CESAs and QTPs are not required to bereported on your income tax return.You must determine the taxablity of anydistribution.See Pub.970 and the Instructions for Forms 1040 and 1040-SR for moreinformation.Also see Form 5329 and its separate instructions.  \nRecipient's taxpayer identification no.(TIN).For your protection,this form mayshow only the last four digits of your TIN (SSN,ITIN,ATIN,or EIN).However,the payeror trustee has reported your complete TIN to the IRS.  \nAccount number.May show an account or other unique number the payer hasassigned to distinguish your account.  \nBox 1.Shows the","cbCaifrxWm8YUEin","https://ap.wps.com/l/cbCaifrxWm8YUEin","pdf",88763,"English","# Instructions for Recipient\n## Taxability of CESAs and QTPs\n## TIN and account number rules\n## Interpretation of boxes 1–3\n## Trustee-to-trustee and other transfers\n## Additional tax and reporting considerations","[{\"question\":\"Are all distributions from CESAs and QTPs taxable?\",\"answer\":\"Not necessarily. Nontaxable distributions from CESAs and QTPs are not required to be reported on the recipient income tax return, but the recipient must determine taxability for each distribution. Refer to Pub. 970 and the Form 1040/1040-SR instructions for more details.\"},{\"question\":\"What does Box 1 on Form 1099-Q report?\",\"answer\":\"Box 1 shows the gross distribution paid to the recipient this year from a QTP or CESA, including in-kind distributions. The total relates to the amounts shown in Boxes 2 and 3.\"},{\"question\":\"How do Boxes 2 and 3 affect income reporting?\",\"answer\":\"Box 2 shows the earnings portion of the gross distribution in Box 1, generally excluded when used for qualified education expenses or certain rollovers/transfers under specified conditions. Box 3 shows the recipient’s basis in the gross distribution.\"}]","Form 1099-Q - Instructions for Recipient - Corrected | PDF",1789786023]