☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 21, 2020 12:52:10 PM

Did you receive any distributions from a retirement plan after 2016? If I have a 401K Plan and took a loan out on part of the funds would this count as a distribution?

0 1 402
1 Replies
Level 15
Jan 21, 2020 12:53:40 PM

No.  A loan is not a distribution.  But if not paid back it then becomes a distribution.