You will have to add the 2021 Spring semester expenses (at least the amount that the 529 will cover) to your 2020 TurboTax information. Next year you will want to deduct that amount so it is not double counted.
In general, the designated beneficiary of a QTP can receive tax-free distributions to pay qualified education expenses. The distributions are tax-free to the extent the amount of the distributions doesn't exceed the beneficiary's qualified education expenses.
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