Discover the benefits and nuances of 529 plans to effectively save for educational expenses with tax advantages. Learn about different types of 529 plans, their specific uses, taxation benefits, and how they compare to brokerage accounts.
Learn everything about IRS Form 1099-Q which is sent to individuals receiving distributions from qualified education programs like 529 plans and Coverdell ESAs. Understand how to file, who can file, and how to ensure you're meeting your tax obligations effectively.