Q. I am wondering what the 2025 1098-T will look like.
A. You, most likely, will not get one.
Q. If no tuition but only payment for previous year tuition, can I still get lifetime learning credit?
A. No. Payment must be for the current year expenses. The only exception is: you are allowed to count a payment, made in the current year, for a term starting in Jan. - Mar. of the following year.
Although, it's not clear why you would have made a payment for 2025 tuition, in 2024, but still have unpaid 2024 tuition? If you mean you delayed paying the December billing, for 2025 tuition, until 2025, then you may get a 2025 1098-T. It depends on how the school does things. But, even without a 1098-T, you can still count the 2025 payment (for 2025 expenses) for a 2025 tuition credit.
