kcas06
New Member

1098-T and 1099-Q

I pulled money in December 2019 from a 529 plan to be used for the Spring 2020 semester.  Because of the timing, I am showing a 1099-Q distribution in tax year 2019, but no related 1098-T for 2019 (it will be reported by the University in 2020).  How should I handle this on my 2019 return to avoid penalty?