ABLE Account Strategies Presentation
An excellent starting point to learn everything from ABLE account basics, taxation, qualified expenses, Medicaid payback, to investment options. Consider this your ABLE account 101 course.
IRS Form 1099-QA Distributions from ABLE accounts
Any state or its agency or instrumentality that establishes and maintains a qualified ABLE program must file this form with the IRS for each ABLE account from which any distribution was made or which was terminated.
IRS Form 5498-QA Contributions to ABLE accounts
Any state, or its agency, or instrumentality that establishes
and maintains a qualified ABLE program must file, for
each ABLE account, a Form 5498-QA, ABLE Account
Contribution Information, with the IRS on or before June 1,
2021.