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Retirement tax questions
Yes, in your case I would use the "What if this is not what I paid the school" link under Box 1 on the 1098-T and enter the adjusted amount to include the payment made through the 529.
If you need to enter the 2024 Form 1098-T, be sure to repeat the process and adjust down.
Keep payment records with your tax file.
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‎February 7, 2024
8:55 AM