Ohio 529 CollegeAdvantage will soon send out 1099Qs to account owners who made 529 withdrawals in 2025. You will need this document when you do your federal and state taxes later this year.
There have been some adjustments to the information boxes on the 1099Q and we want to share these updates before you begin to work on your 2025 taxes.
Box 1: Gross Distribution, Box 2: Earnings, and Box 3: Basis, will remain the same.
The changes can be found at:
- Box 4a: This is to be checked whenever there is a direct rollover to another 529 Plan and/or to an ABLE Plan. The account owner will receive the 1099Q with this box is marked.
- Box 4b: This is to be checked whenever there is a direct 529 rollover to a Roth IRA. Beneficiary will receive the 1099Q with this box is marked.
- Expanding Box 5: Box 5b (State Plan) will be marked moving forward.
If you have any questions, our Customer Service Department is available to help from 8:30 a.m. – 6 p.m. EST Monday-Friday at 1-800-AFFORD-IT (1-800-233-6734). You can also email our Customer Service Department at customerservice@collegeadvantage.com. Our office will be closed on Monday, Jan. 19, 2026, in honor of Rev. Dr. Martin Luther King Jr.
Visit Ohio 529 to start saving today for your child’s education with as little as $25. A 529 account can be used for whatever education comes after high school—including four-year colleges and universities, community colleges, tech, trade or vocational schools, apprenticeships, and certificate or credential programs. Learn, plan, and start with Ohio 529 today at CollegeAdvantage.com.
