Deferred comp plans are normally reported on W2s, I think.I should clarify that perhaps your employer had a relationship with some insurance provider but it wasn’t part of a deferred compensation plan. Non-qualified means it is not subject to ERISA regulations that govern plans like 401ks.
edit: the non-qualified portion of my DB pension plan is also reported on a W2.
This is a classic example of why I hate retail tax software or any software in interview mode. The questions are often vague, not understandable by someone who doesn't know tax reporting. If this is a 1099-R that is not an IRA it is generally reported on line 5a and 5b no matter what it is. I normally look and make sure that the data are reported where they belong on the 1040 or subsidiary schedules.
Statistics: Posted by jebmke — Sat Mar 16, 2024 11:38 am — Replies 4 — Views 183
