401k withdrawal

[shasha1]

I am 60 and took out 5k out of my 401k due to a move out of state. I withdrew  the funds in 2021. How will that affect me when I file taxes in 2022. Part of it included a loan that wasn’t paid back. Would that be a penalty and a hard tax hit. I do the standard itemized when filing. Normally get a small refund. I make under 50k live in DE now. Moved from FL.

[xmasbaby0]

If you were older than 59 1/2 when you took out the money you will not have an early withdrawal penalty but that money is all taxable] on your next federal tax return.   You will get a 1099R in January that has to go on your 2021 tax return.