Each ABLE United account is treated separately, and each will receive separate tax documents. Please consult your tax adviser for information about whether you need to file taxes for an account. At the end of each year, you will receive a 5498-QA showing contributions and the establishment of the account. If a withdrawal was made from the account, you will receive a 1099-QA showing the earnings and basis of the distributions.
February 20, 2019
Do I have to file taxes on an ABLE United account?
