In 2017 I took a loan out on my 401k do I need to file a 1099 form I don't know?

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In 2017 I took a loan out on my 401k do I need to file a 1099 form I don't know?

A loan from a 401(k) account is not reported on a tax return. Only if you default on the loan would it be a distribution and you would receive a Form 1099-R for the distribution to be reported on a tax return.

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In 2017 I took a loan out on my 401k do I need to file a 1099 form I don't know?

A loan from a 401(k) account is not reported on a tax return. Only if you default on the loan would it be a distribution and you would receive a Form 1099-R for the distribution to be reported on a tax return.

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