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February 7, 2020
Question

What do I do if I took a loan out from my 401k and never received a 1099 form

  • February 7, 2020
  • 1 reply
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1 reply

Employee
February 7, 2020

They do not send a 1099R for a loan from your 401k.  If you are paying back the loan, it does not go on your tax return.   If you default on the loan, it will be considered a distribution, and then they would send a 1099R.

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