☰
✕
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 Jun 6, 2019 6:56:24 AM

Good morning. Do I check the box for retirement plan withdraw if I took a Home Loan from my 401k that I am paying back through my paychecks?

0 2 1221
1 Best answer
Level 15
Jun 6, 2019 6:56:24 AM

No, a withdrawal is not a loan.  The loan is intended to be paid back, and withdrawal is not paid back. 

2 Replies
Level 15
Jun 6, 2019 6:56:24 AM

No, a withdrawal is not a loan.  The loan is intended to be paid back, and withdrawal is not paid back. 

New Member
Jun 6, 2019 6:56:25 AM

Thank you!