Last year, I borrowed $12,000 from my 401k in August 2021. It defaulted because I no longer worked at the employer and had no way of making payments. I was able to pay the loan off in full $12,128.55. When I asked the employer/holder of the account for an updated 1099r form to reflect this without penalty, they just sent a letter stating that it is paid in full. Do I still file the 1099r on my taxes even though it is paid in full and no longer considered a taxable income?
