No, I am not claiming any education credit (above income threshold).
The issue is whether the 529 distribution is taxable in 2023.
529 plan paid the school directly on 12/26/2023 by issuing a check. So, the 12/26 payment is on my 1099Q for 2023 as a distribution for education expenses from 529.
The school didn't deposit the check until 1/4/2024 (applied against Spring 2024 tuition) and so the school won't include it in 1098-T until 2024.
So, just a mismatch in the reporting between 529 plan vs. school tax reporting for 2023/4.
If I pickup the school's 2023 1098-T in TurboTax (missing that December 2023 payment) then TurboTax says my 1099Q is partially taxable.
So I think I want to deviate from the 1098-T and pick up the additional amount paid to the school on 12/26/2023, even though they didn't deposit until 1/4/2024.
The 529 plan paid the school directly, so it was definitely paid towards tuition.
Thanks !!
