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February 4, 2025
Question

Do I need to wait for a 1099-R to file my taxes?

  • February 4, 2025
  • 1 reply
  • 0 views
I am unsure if I will even receive one. I took a small loan from my job's 401k retirement plan, but am paying it through deductions.

    1 reply

    Employee
    February 4, 2025

    You will not get a 1099R for a 401k loan.  If you do not re-pay the loan, it becomes a distribution and next year you will get a 1099R.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**