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Education
Unfortunately, this is tax law and has nothing to do with the software on which you enter your information. You must have the 1099-Q distribution and the tuition expense in the same year.
To be a qualified distribution, the money must be used to PAY qualified expenses, in the same year as the distribution. So, money paid in 2020 cannot be reimbursed by a 2021 distribution, even though the payment was for a 2020 term.
‎February 14, 2021
4:02 PM