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Do I claim 401k loan repayments as contributions?

 
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2 Replies
dmertz
Level 15

Do I claim 401k loan repayments as contributions?

No.

DawnC
Employee Tax Expert

Do I claim 401k loan repayments as contributions?

No.  You don't need to enter your 401k LOAN or the loan repayments on your tax return.  You only need to enter your W-2.    Loan repayments are not contributions.  

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