Dzizich22
New Member

Retirement tax questions

If you had a loan received in Dec 2020 for 40K and paid back 15k prior to filing your 2020 return.  Do you need to amend the return now to show that you had a 25k loan instead of a 40k loan?  Just trying to figure out the disbursed amount will be 13,333 in 21 and 22, or 8,333.