Form 5498-ESA reports the education savings account contributions or rollovers that were made throughout the year. You do not need to enter this form in your tax return.
1099-Q Reporting
Distributions from a Coverdell Education Savings Account are reported on Form 1099-Q. Form 1099-Q is reported on your tax return by visiting the:
- Federal Section
- Income
- Less Common Income
- Payments from Qualified Education Programs Form 1099-Q