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February 11, 2020
Question

Hello, this year my husband and I borrowed money from his 401k. Where would I put that information on my tax record ? Or does it matter if I put that on my taxes?

  • February 11, 2020
  • 1 reply
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1 reply

Employee
February 11, 2020

It does not go on your tax return unless/until he defaults on repaying it.   (It would then become income.)