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New Member
posted Jun 3, 2019 1:45:19 PM

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

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1 Best answer
Level 15
Jun 3, 2019 1:45:21 PM

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

1 Replies
Level 15
Jun 3, 2019 1:45:21 PM

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