Q. I took these room and board expenses out in December to pay for expenses due in January (when the school semester started), will there be any complications since this is in between 2 tax years?
A. Possibly. From Pub 970 (page 60: To determine if total distributions for the year are more or less than the amount of qualified education expenses, you must compare the total of all QTP distributions for the tax year to the adjusted qualified education expenses. See previous discussions, on this subject:
https://www.savingforcollege.com/article/timing-of-529-plan-distributions-must-match-qualified-expen...
https://ttlc.intuit.com/community/college-education/discussion/529-provider-distributed-funds-on-12-...
https://ttlc.intuit.com/community/college-education/discussion/i-took-a-529-distribution-in-2021-for...
