After I set up a 530 Coverdell account what do I need to show ESA?

Whenever you transfer funds into your 530 account, this must be reflected on your expense report for the appropriate quarter. In addition, at every 4th Quarter expense report you must submit an account summary showing how much money is still in the account. If money was spent, we will need to see receipts for these purchases to verify that they were approved ESA expenses.

Posted in: 530 Coverdell