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.

trbarr11
New Member

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?

 
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 Reply

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?

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.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question