I borrowed $4000 from my 401K in 2016. Do I report this on my 1040?

grgoodner · ‎June 3, 2019

macuser_22 · ‎June 3, 2019

A distribution reported on a 1099-R gets reported, a loan that must be paid back is not reported.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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macuser_22 · ‎June 3, 2019

A distribution reported on a 1099-R gets reported, a loan that must be paid back is not reported.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

I borrowed $4000 from my 401K in 2016. Do I report this on my 1040?