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June 1, 2019
Solved

If the gross distribution (1099-R) from a 403 b was used to pay off an existing loan on the 403b, is it taxable income when we never received the funds? Any exceptions?

  • June 1, 2019
  • 1 reply
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Best answer by SweetieJean

Yes. You did receive it....as a loan.

1 reply

Employee
June 1, 2019

Yes. You did receive it....as a loan.