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CORRECTED TRUSTEES or ISSUERS name, street address, city or town, state or province, country, and ZIP or foreign postal code1 Coverdell ESA contributions OMB No. 15451815$ 2 Rollover contributions$
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How to fill out coverdell esa contribution information

01
Obtain the necessary forms from the financial institution managing the Coverdell ESA account.
02
Fill in your personal information, including name, address, and Social Security number.
03
Enter the contribution amount you wish to make for the tax year.
04
Indicate whether you are making a contribution for the current tax year or for the previous tax year.
05
Sign and date the form before submitting it to the financial institution.

Who needs coverdell esa contribution information?

01
Parents or guardians who are contributing to a child's Coverdell ESA account.
02
Individuals who are contributing to their own Coverdell ESA account for educational expenses.
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Coverdell ESA contribution information includes details about the contributions made to a Coverdell Education Savings Account, which is designed to save for educational expenses.
The financial institution that manages the Coverdell ESA is required to file the contribution information with the IRS.
To fill out Coverdell ESA contribution information, you need to follow IRS guidelines, which typically involve providing account details, contributor information, and the total contributions made during the year.
The purpose of Coverdell ESA contribution information is to report contributions made to the account, ensuring compliance with IRS rules and to determine tax benefits associated with the account.
The information that must be reported includes the contributor's name, the beneficiary's name, the account number, and the total contributions made during the tax year.
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