DanaB27
Employee Tax Expert

Retirement tax questions

No, if you took a distribution from your retirement account then they are supposed to give you a 1099-R. Did you maybe get a loan instead of a distribution?

 

If it is a loan from a 401(k) account then this is not reported on a federal tax return.  If you default on the loan or are separated from the company without paying off the loan, then it is a distribution and you will receive a Form 1099-R.

 

Please check with your company about the details.

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