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June 1, 2019
Question

I borrowed $20,000 from my 401k, but returned the $20,000 loan within 60 days. Where do I indicate this on my tax return?

  • June 1, 2019
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1 reply

Employee
June 1, 2019

You do not have to report 401k loans, and you would not receive any forms.

If you took distribution, then rolled it over, then you would get a form 1099-R, which you would enter into TurboTax with some extra steps. See below:

https://ttlc.intuit.com/replies/5668700