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Retirement tax questions
No, a loan isn't considered a distribution. You won't report the loan on your tax return, unless you left your job and were unable to pay back the loan within 90 days, or as @DoninGA mentions, default on the loan.
Here is a helpful article that explains more about the topic An Early Withdrawal From Your 401(k): Understanding the Consequences
‎January 19, 2025
12:42 PM