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Retirement tax questions
No. You are not taxed on a loan from your retirement account that was paid back. If you took money out of a retirement account and did NOT put it back --you would get a 1099R from the plan and that would have to be entered on your tax return.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎February 17, 2024
7:30 AM