USA 401k Loan deemed distribution and Payback


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Client terminates employment in 2015 and gets a 1099r for loan balcnce that is recorded as taxable income on 2015 tax return.
Client then pays back 401K full amount of loan balance in 2018 ( with in five year period). Can an amended return be filed to classify the deemed distribution as a rollover?
 
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kirby

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Fact is there was no rollover. (Rolled over to where? is the question the IRS will ask) So , no.
 

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