I have 2 W2s. One for a regular job. The other is from a Deferred Compensation program, called DCAP with a prior employer.
The Regular Job W2 has an SDI payment amount associated with it - no problem.
The DCAP W2 does NOT have an SDI payment by "design of the DCAP program"; at the time that my compensation was deferred, I did not pay "income taxes", but I paid the SDI on that amount. Now, I do not have to pay that SDI.
However, TurboTax for my IRS return shows that I am liable for a State Mandated Tax of $1540. I have looked at ways to "update" this, but can't find it. I have not yet filled out my State Tax return, but assume that I will have the same issue. How do I fix this in both my IRS and California returns?
Thank you. Patrick.
