I took out a loan with my 401k through my job last year and I'm paying it back through my paycheck. Would I still have to report it on my taxes it was $1,500?

[dmertz · Accepted solution]

A 401(k) loan is not reportable unless it becomes a deemed distribution due to failing to comply with the terms of the loan or it becomes an offset distribution because the loan came due because you left the company.  A deemed distribution (code L) or an offset distribution (code M) would be reported on a Form 1099-R that you would enter into TurboTax.