436729
You'll need to sign in or create an account to connect with an expert.
No, you will not receive a Form 1099-R if you took a loan from your 401(k) that you are paying back.
However, if you were to default on the loan, it would be deemed a Distribution and you would then receive a Form 1099-R in the year of default.
No, you will not receive a Form 1099-R if you took a loan from your 401(k) that you are paying back.
However, if you were to default on the loan, it would be deemed a Distribution and you would then receive a Form 1099-R in the year of default.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
owlnal063
Level 1
elle25149
Level 1
atn888
Level 2
mlvalencia78
New Member
in Education
Minalde
New Member