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1098 T timing issue
I took withdrawl from a 529 plan to pay spring 2022 tuition in Dec 21. I mailed the payment in December 21 but it did not get posted at the college until 1/5/22. When entering in 1098 T information in Turbo Tax it provide a box for total tuition payment and you can enter in a different amount that Box 1 on the 1098 T. By doing this the withdrawl and payment now match with no tax impact. If I submit to IRS this way will they accept?
‎April 11, 2022
1:34 PM