No, the IRS changed the reporting structure of nonqualified deferred compensation for 2022. It is no longer considered gross income but is reported as a net against other adjustments to income on Schedule 1. If you look at your Form 1040 Schedule 1 you will see your deferred compensation from box 11 on your W-2 reported on line 8t. This is reported on your Form 1040 on line 10, after total income on line 9. Form 1040 line 9 is considered "Gross income from all sources".
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