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June 4, 2019
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I took a loan from my retirement plan this year. Does this need to be reported? From what im seeing there is a difference between a loan and and withdrawal.

  • June 4, 2019
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Best answer by MinhT1

No, you do not need to report a loan from your retirement plan on your tax return.

The loan is not a distribution as you will have to repay it.

1 reply

MinhT1Answer
June 4, 2019

No, you do not need to report a loan from your retirement plan on your tax return.

The loan is not a distribution as you will have to repay it.

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tadowellAuthor
June 4, 2019
Thank you much!