I borrowed money from my 401k in 2016. Do I need to provide that info and if so how do it?

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I borrowed money from my 401k in 2016. Do I need to provide that info and if so how do it?

A loan from a 401k tax deferred retirement account is not reported on a tax return. If you default on the loan then it becomes a distribution and you would receive a Form 1099-R to be reported on your tax return.

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I borrowed money from my 401k in 2016. Do I need to provide that info and if so how do it?

A loan from a 401k tax deferred retirement account is not reported on a tax return. If you default on the loan then it becomes a distribution and you would receive a Form 1099-R to be reported on your tax return.

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