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New Member
posted Feb 18, 2025 11:06:59 AM

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

0 2 584
2 Replies
Level 15
Feb 18, 2025 11:12:19 AM

A loan for what?  From whom?

Expert Alumni
Feb 18, 2025 11:34:20 AM

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.