My 1099R is showing my IRA loan outflow, but not the repayment. How can I enter the repayment so the properly repaid loan is not treated as a taxable distribution?
011072
1 Replies
VolvoGirl
Level 15
Mar 24, 2025 1:38:05 PM
If you got a 1099R for it then it was not a loan but a distribution. Did you pay it back within 60 days? Then you say you moved it to another account even if you put it back into the same account. It will be a Rollover.