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New Member
posted Apr 17, 2023 10:01:41 PM

If I borrowed from my retirement but paid it all back already this doesn’t fall under “contributions “ correct??

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2 Replies
Expert Alumni
Apr 18, 2023 5:48:05 AM

No, paying back a loan from your retirement plan is not considered to be a contribution to that plan and is not reported as part of your tax return.

 

New Member
Apr 18, 2023 7:18:16 AM

Thank you so much for taking the time to  clarify 😃