There is no tax due or penalty for not taking a 529 plan disbursement. As long as the money you take out of the 529 plan is used on qualified educational expenses (QEE), there is no tax or penalty. You just can't take an education credit for anything you pay with 529 funds.
You have to check with the 529 plan administrator to find out the exact rules are for reimbursements - but there is no tax penalty incurred for taking a distribution, before or after you pay for QEE. The tax comes in play only if you use distributed funds for things other than QEE.
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