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W-2 Box 11 - Unvested IC without substantial risk of forfeiture
I have incentive compensation that is unvested, but because of my age and years of service, these no longer have a substantial risk of forfeiture. My employer has included this IC amount in Box 11 of my W-2. TurboTax is asking me if this is money that I took out of a nonqualified or Section 457 plan, or if this is money that I contributed to a nonqualified or Section 457 plan. How should I answer this question in this case? Thanks for the help!
‎February 18, 2022
6:28 PM