Skip to main content
June 3, 2019
Solved

I took a loan against my traditional 401K in January 2017, are the loan repayments deducted from my paychecks throughout the year deductible on my 2017 tax return?

  • June 3, 2019
  • 1 reply
  • 0 views
No text available
Best answer by PaulaM

No, the repayments to your 401K are not deductible on your return.

https://pocketsense.com/can-claim-401k-payments-taxes-2586.html

1 reply

PaulaMAnswer
Employee
June 3, 2019

No, the repayments to your 401K are not deductible on your return.

https://pocketsense.com/can-claim-401k-payments-taxes-2586.html

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