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jer2ann
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Where would you enter a loan offset from a 401k plan?

 
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dmertz
Level 15

Where would you enter a loan offset from a 401k plan?

The plan administrator must make available to you by the end of January a Form 1099-R for the distribution.  Enter this Form 1099-R into TurboTax as you would any Form 1099-R for a distribution from a 401(k).

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2 Replies

Where would you enter a loan offset from a 401k plan?

Did you default on the loan?
dmertz
Level 15

Where would you enter a loan offset from a 401k plan?

The plan administrator must make available to you by the end of January a Form 1099-R for the distribution.  Enter this Form 1099-R into TurboTax as you would any Form 1099-R for a distribution from a 401(k).

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