Boss816
New Member

Form 1099 R

Hello,

  • I took a loan from my 401k to buy a home Oct 2020. I opted for the loan repayment option, which I did from Oct 2020 until I changed employers July 2023. I didn't receive a 1099-R until this week. My income is greater this year, therfore, I will owe because of the 1099 R. Should I amend my taxes from 2023 to file with the 1099-R? If so, will my previous employer change the form from 2024 to 2023? Thank you in advance!