Code Z is: Income under a nonqualified deferred compensation plan that fails to satisfy section 409A. This amount is subject to an additional 20% tax (TurboTax does not support this calculation)
TurboTax does not provide support for this because failure to make deferral or distribution elections in a timely manner is complicated and will require individualized special assistance.
Failure to comply with Section 409A definitions for specified terms are: Early payment of an amount payable in a later year. Late payment of an amount payable in an earlier year
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