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sarkamal
New Member

Hi - I took a loan from my 401K that I am paying back every pay period. Do I need to enter it in my tax return

Do 401K loans need to be entered in tax return
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DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Hi - I took a loan from my 401K that I am paying back every pay period. Do I need to enter it in my tax return

No.  Loans from a 401(k) account are not reported on a tax return.

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1 Reply
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Hi - I took a loan from my 401K that I am paying back every pay period. Do I need to enter it in my tax return

No.  Loans from a 401(k) account are not reported on a tax return.

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