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Get your taxes done using TurboTax
Done properly, your 401(k), not you, bought and sold the property, so nothing about this goes on your individual tax return.
(You are not permitted to take money out of the 401(k), buy property in your name and then transfer the property to the 401(k). Doing so would be a reportable distribution and an impermissible contribution.)
‎October 11, 2023
12:51 PM
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