Who must file Form 1099-QA?

• Form 1099-QA must be filed by the state or state agency or instrumentality that administers an ABLE program or any person (or entity) who manages an ABLE account and makes a distribution from it. 
• Financial institutions or trustees that manage ABLE accounts and issue distributions must also file Form 1099-QA. 
• The filer must provide a copy of this form to both the IRS and the designated beneficiary of the ABLE account. 
• The deadline for filing this form with the IRS is on or before March 1 of the year following the distribution.