Do you get a 1099 for 401k loan?
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Asked By: Jamie Rohan
Date created: Thu, Mar 11, 2021 10:00 PM
Date updated: Tue, Jul 12, 2022 8:07 AM
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Top best answers to the question «Do you get a 1099 for 401k loan»
If you have a 401(k) plan loan and are making timely payments on the loan, you will not receive a 1099-R from PAi. However, if payments are not made on time or you left your employer and the loan had not been repaid in full when you separated your employment, the loan will default.