turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Oct 16 is the IRS deadline–file confidently with expert help. File Now
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

kk851
New Member

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?

This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Our digital assistant can help you.
1 Reply

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.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v