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I do not have a 1099 form and I took out a loan june 2024

Should I still mark yes I did not no did not take out a loan
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2 Replies

I do not have a 1099 form and I took out a loan june 2024

A loan for what?  From whom?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Vanessa A
Expert Alumni

I do not have a 1099 form and I took out a loan june 2024

No. If you are talking about a loan from your retirement plan, this is not taxable unless you default on it.  As long as you repay by the terms of the loan, you will not report this on your return. 

 

 

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