1099r
if a client has a default loan against a 401k will it be filed on a 1099r?
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apFtFeaI8r4jZHacfA8pyY
12/07/10 10:25am PST
Viewed by asker 12/21/10 7:41am PST
Viewed by asker 12/21/10 7:41am PST
2 Replies
tilt53
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12/07/10 10:29am PST
The solution
Yes, early distribution.
Hail Cleo-Cat-Tra, Queen of Denial. I didn't do it.
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Happy Tax
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12/07/10 11:03am PST
Latest post
You'll probably see 1099-R Code 1 and Code L "Loan Treated as Deemed Distribution."
