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Level 1
January 7, 2026
Solved

If I pulled a loan against my retirement, but amMaking the payments. Do I need to claim that as a withdrawal

  • January 7, 2026
  • 1 reply
  • 16 views
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Best answer by VolvoGirl

No you don't report loans from your IRA or 401k etc.  Only if you get a 1099R for it.  If you get a 1099R then it wasn't a loan but a withdrawal.  

1 reply

VolvoGirl
VolvoGirlAnswer
Level 15
January 7, 2026

No you don't report loans from your IRA or 401k etc.  Only if you get a 1099R for it.  If you get a 1099R then it wasn't a loan but a withdrawal.