What does distribution mean do you pay it back

sarahmwilson38 — Sat, 01 Jun 2019 05:17:44 GMT

If I took out a 401k loan and paid it back is that a distribution

Loans are not considered a distribution unless you defaul...

NewGuy — Sat, 01 Jun 2019 05:17:45 GMT

Loans are not considered a distribution unless you default on them and then they are re-characterized as a distribution. If you paid the loan back there is nothing to report on your return.

topic What does distribution mean do you pay it back in Retirement tax questions

What does distribution mean do you pay it back

Loans are not considered a distribution unless you defaul...