2016 1098-T IRS will accepts amount billed

Just want to be sure everyone has seen

https://www.irs.gov/irb/2016-20_IRB/ar10.html    particularly this comment toward the end

         " Thus, eligible educational institutions will
          continue to have the option of reporting
          either the amount of payments of qualified
           tuition and related expenses received or the
           amount of qualified tuition and related
          expenses billed for the 2016 calendar year
          without being subject to penalties."

This gives everyone the opportunity to modify their setup on Dec 31 2016 to accommodate the IRS changes of reporting methods  for 2017.  

We can all be ready for the change on Jan 1 2017

Thank you  to our friends at Cal State for bring this to our attention.