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If I am repaying a 401k loan, do I need to claim on taxes the money received?
I have recently borrowed money from my 401k account but am repaying the loan, does this need to be claimed on my taxes?
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posted
June 5, 2019
10:38 PM
last updated
June 05, 2019
10:38 PM


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If I am repaying a 401k loan, do I need to claim on taxes the money received?
No. As long as you are current in your payments, the loan does not get reported.
June 5, 2019
10:38 PM
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