Is money from a taxed severance used to payoff a 401K loan deductible at tax time?

DPWalker1970 Posts: 1, Reputation: 1

New Member

Feb 5, 2011, 02:17 PM

Is money from a taxed severance used to payoff a 401K loan deductible at tax time?

MukatA Posts: 7,110, Reputation: 176

Tax Expert

Feb 5, 2011, 09:17 PM

No.

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