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A loan is not a taxable event from the 401K and does not need to be reported in the tax return anywhere.
If you default on the loan, it would then be taxable income and a 1099R would be issued to you then.
A loan is not a taxable event from the 401K and does not need to be reported in the tax return anywhere.
If you default on the loan, it would then be taxable income and a 1099R would be issued to you then.
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