gw18
Level 2

DO I NEEDTO FILE FORM 5329 IF I RECEIVED 1099-R WITH LINE 7 SHOWING M7?

I took out a loan from my 401-K when working. After I retired, and received my 401K$, which I rolled over to an IRA, I did not pay taxes on the loan. Wondering if I just have to file form1040 or if I need to file form 5329. When I entered info in Turbotax, it wasn't showing that I need to file that form.

 

thanks