What does "distributions from a retirement plan after 2014" mean? If I took a small loan out from my 401K but already repaid it?

nikkikey31593 · ‎June 6, 2019

SteamTrain · ‎June 6, 2019

For the Retirement Savings Contribution Credit?

No....only if you defaulted on the loan That would have resulted in a 1099-R, and that is considered a distribution.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

SteamTrain · ‎June 6, 2019

For the Retirement Savings Contribution Credit?

No....only if you defaulted on the loan That would have resulted in a 1099-R, and that is considered a distribution.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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