Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...

Form 1099-Q documents "payments from qualified education programs." If you received distributions from a 529 plan or Coverdell education savings account (CESA) for education expenses, you'll ...

1099-Q: Payments from Qualified Education Programs Generally, income received on Form 1099-Q is tax-free as you’ll most likely have received this form due to distributions from qualified tuition ...

1099-Q: The 1099-Q reports money that you, your child, or your child's school receives from a 529 plan. Keep in mind, however, that the earnings in a 529 plan are generally not subject to tax when ...

Keep records of those qualified expenses in your tax files. Similarly, you'll receive Form 1099-Q for distributions from 529 plans, but money you used for qualified education expenses aren't taxable.

The most important of these is the W2—a wage and tax statement from your employers—but there’s also an alphabet soup of 1099 forms to watch out for. Maybe you received Form 1099-DIV?

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job.

Keep records of those qualified expenses in your tax files. Similarly, you'll receive Form 1099-Q for distributions from 529 plans, but money you used for qualified education expenses aren't taxable.