Solved
Does a 401k loan from my employer count as a withdrawal from my retirement plan?
Is a 401k loan a withdrawal?
No. A loan from a 401(k) is not a withdrawal from the account and you will not receive a Form 1099-R for the loan. It is not reported on a tax return as long as you do not default on the loan or leave your employment without paying off the loan.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
