Direct rollover of loan note

[Belgarath]

Brain cramp! Participant terminates with outstanding loan - rolls loan note over to new employer's plan. Reported on 1099 as code G, or not reported at all?

[jpod]

I don't know what the explanation is for Code G, but it's a direct rollover.

[NJ Mike]

See the following

 

Mike

[Belgarath]

Thanks.