Education

When you receive a refund from the college and do not deposit it back in the 529 plan within 60 days but rather use the refund to pay a future tuition expense in the same tax year, how should this be accounted for using TurboTax?   You can answer "Yes" to the question if you received a refund and "No" to the question if you deposited the refund back into the 529 plan.  However there is not an option to indicate that you used the refunded amount for future tuition in the same tax year. Is