IRA Loan Wife borrowed $175,000 from her IRA in 2017 to purchase our new home. It was paid back within 60 days, using proceeds from the sale of a home, making the loan non taxable. However, the 1099 indicates that loan as a taxable distribution. Found out the 175,000 repaid will be reported on form 5598 as late as May 31. How can I file my taxes by April 17 without that 5598? Ameritrade says there?s a way, but can?t provide tax advice. |