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myratate29
New Member

If I take out a loan of my 401k. how much percent do I need to take out so I don't get screwed at the end of the year when I file?

 
2 Replies
Critter
Level 15

If I take out a loan of my 401k. how much percent do I need to take out so I don't get screwed at the end of the year when I file?

 
Critter
Level 15

If I take out a loan of my 401k. how much percent do I need to take out so I don't get screwed at the end of the year when I file?

401K LOANS are not entered on an income tax return because they are loans not income. 

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