Timing of Education Creidts

[Kram BergGold]

The TTB Updates published a case saying student loan payments counted for the education credits when the funds were released to the school.
This makes sense to me. What has been perplexing to me is how do you handle installment payments from taxpayers to an agency that remits the tuition to colleges. Do you deduct in the year the taxpayer gives the money to the agency or the year the agency pays the college?

[Lion]

The year the college receives the money, if compatible with the case you cited. (And, we all know taxes aren't logical, they're just the law.) It's not yet an education disbursement until it goes to an educational institution. But, that's just me interpreting....