89338
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

IF i TOOK A LOAN ON MY ROTH 401K, DO i NEED TO LIST IT AS A DISTRIBUTION?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
NewGuy
New Member

IF i TOOK A LOAN ON MY ROTH 401K, DO i NEED TO LIST IT AS A DISTRIBUTION?

Loans are not considered distributions unless you default on them. If you are paying the loan back then it is not something you report on you return.

View solution in original post

2 Replies
NewGuy
New Member

IF i TOOK A LOAN ON MY ROTH 401K, DO i NEED TO LIST IT AS A DISTRIBUTION?

Loans are not considered distributions unless you default on them. If you are paying the loan back then it is not something you report on you return.

IF i TOOK A LOAN ON MY ROTH 401K, DO i NEED TO LIST IT AS A DISTRIBUTION?

thanks

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question