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Instructions for Beneficiary
The information on Form 5498QA is furnished to you by the issuer of
your Achieving a Better Life Experience (ABLE) savings account. Form
5498QA reports contributions,
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01
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02
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03
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Make copies of the completed forms for your records before submitting them to the appropriate authorities.
Who needs 2016 instructions for forms?
01
Individuals who are required to file federal income tax returns for the year 2016.
02
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03
Taxpayers who have received income from various sources and need to report it to the IRS.
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Individuals and organizations who are claiming certain tax benefits or exemptions for the year 2016.
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Anyone who is unsure about their tax obligations for the year 2016 and needs guidance from the IRS.
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Taxpayers who have experienced significant life events or changes that may impact their tax filing for the year 2016.
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Anyone who wants to ensure compliance with federal tax laws and avoid penalties or legal issues.
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