What is the code on the 1099-R box 7? Is the IRA/SEP/SIMPLE box checked?
You cannot normally "borrow" money from a 401(k) unless you take a loan from the plan and a 401(k) loan is not reported and cannot be rolled back but it can be paid back and that does not produce a 1099-R. Most plans do not permit taking distributions and then rolling them back.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
