Hi. College tuition was due in early January. I initiated the payment from my 529 plan in December. 529 recorded the payment in 2019; however college did not record payment until January 2020. So now I have a large (out of state) disbursement on my 529 in 2019 and yet the 1098-T does not show it. I am trying to make a manual entry for the 1098-T (which turbotax allows) with a note describing what happened and statement that I will adjust 2020 tax return as well. Does anyone know if this will be acceptable to IRS? Note that payment was direct to college and did not pass through my hands.
Thanks, Russ
