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New Member
posted Jun 6, 2019 7:21:52 AM

I did a $1,000 loan from my 401(K). Not a withdraw. Do I report that as income?

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1 Best answer
Level 7
Jun 6, 2019 7:21:54 AM

Not as long as you are still employed at the 401k sponsor and are current on your repayments.

1 Replies
Level 7
Jun 6, 2019 7:21:54 AM

Not as long as you are still employed at the 401k sponsor and are current on your repayments.