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Financial Planning / Tax Strategies


Subject:  401(k) Loan Date:  11/3/2001  9:08 AM
Author:  cfdunton Number:  54981 of 132878

I understand that if you don't repay the loan the unpaid balance becomes a taxable distribution plus penalties. But if all contributions to the 401(k) were after tax contributions, do you have to pay tax on that portion or just on the earnings? Does anyone know which of the IRS Publications addresses this issue?

Thanks very much.
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