Easily file your 1098-Qs online – Avalara (Track1099)

What is Form 1098-Q and when is it required?

Form 1098-Q reports information about qualifying longevity annuity contracts (QLACs) held within a retirement plan. This form is issued by insurance companies or institutions to the contract holder and to the IRS. It provides contract details such as value and required distributions start date.

Insurance companies or financial institutions must file Form 1098-Q with the IRS for each individual holding a QLAC. This includes reporting:

The value of the QLAC
The required distributions start date

Start filing your 1098-Q forms

Can I file Form 1098-Q online?

Yes. You can e-file Form 1098-Q through the IRS website or by mail. You may also use Avalara 1099 & W-9 to streamline the e-filing process and help prevent costly errors.

E-file your 1098-Q forms now

What are the IRS deadlines for filing Form 1098-Q?

Send copies to recipients by January 31.
E-file with the IRS by March 31.

When these dates fall on a weekend or holiday, the deadline shifts to the next business day.

E-file your 1098-Q forms with the IRS

Do I need to file Form 1098-Q with state tax agencies?

It depends. Some states require you to file Form 1098-Q directly, especially if state income tax was withheld or if you’re not using the IRS Combined Federal/State Filing Program (CF/SF). Requirements, deadlines, and formats vary by state.

E-file your 1098-Qs with states

What information is required to file a 1098-Q with the IRS?

Form 1098-Q requires details including the value of the QLAC as of the end of the calendar year, the required start date for QLAC distributions, the contract holder’s taxpayer identification number (typically a Social Security number), and information about the issuer and the retirement plan holding the QLAC.

Get started for free

What if the contract holder’s information changes after the 1098-Q is filed?

If the contract holder’s information, such as their address or taxpayer identification number, changes after the form has been filed, a corrected Form 1098-Q should be submitted to the IRS and the updated form should also be sent to the contract holder.

Get started for free

With Avalara 1099 & W-9, e-file, e-deliver, and e-correct the most common IRS form types

1042	1099-A	1099-LTC	3921
1042-S	1099-B	1099-MISC	3922
1094/1095	1099-C	1099-NEC	5498
1097-BTC	1099-CAP	1099-OID	5498-ESA
1098	1099-DIV	1099-PATR	5498-SA
1098-C	1099-G	1099-Q	T4A
1098-E	1099-INT	1099-R	W-2/2C
1098-Q	1099-K	1099-S	W-2G
1098-T	1099-LS	1099-SA

With Avalara 1099 & W-9, collect W-series IRS forms from your vendors.

W-4	W-8BEN	W-8BEN-E	W-8IMY
W-9

Avalara 1099 & W-9 offers forms for you to print, sign, and mail to the IRS

940/941

943

944

945

Live Q&A with 1099 experts

Got questions about the 1099-NEC, 1099-MISC, or 1042-S? Tune into our twice-weekly January webinar and get the answers you need — straight from 1099 and accounts payable professionals.

File IRS Form 1098-Q online