Skip to main content
Level 1
November 16, 2022
Question

401K loan tax implications

  • November 16, 2022
  • 1 reply
  • 18 views

How does a 401K loan get taxed if I leave my job before the loan is paid off? 

    1 reply

    Level 5
    November 16, 2022

    Any upaid loan balance will be treated as a distribution and will trigger taxable income.

    Kelly C

    CPA

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"