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New Member
posted Jan 28, 2024 2:13:00 PM

I took a loan from my 401k. Does that count as a withdrawal ?

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1 Best answer
Level 15
Jan 28, 2024 2:16:01 PM

No, a loan from a 401(k) is not a withdrawal and you do not report it on your tax return.

1 Replies
Level 15
Jan 28, 2024 2:16:01 PM

No, a loan from a 401(k) is not a withdrawal and you do not report it on your tax return.