Solved: You do not report loans on your tax return, only actual d...

I took out a loan from my 401K for the down payment of the purchase of my house. Why didn't i get a 1099-R?

posted

You do not report loans on your tax return, only actual distributions and withdrawals. If you don't pay back the loan or you stop working there the loan will turn into a taxable distribution.

View solution in original post

You do not report loans on your tax return, only actual distributions and withdrawals. If you don't pay back the loan or you stop working there the loan will turn into a taxable distribution.