hculver
Returning Member

A TurboTax error(?): W-2 box 11 nonqualified distribution

I received a distribution from a nonqualified plan in tax year 2022.  The W-2 shows the same value in box 1 (wages/compensation) and box 11 (nonqualified plans) as well as a value for federal taxes withheld.  I entered this data into TurboTax manually.  When I examine page 1 of Form 1040 in TurboTax , I see $0 on line 1a (total amount from wages, W-2) .  The distribution is for deferred compensation.  I thought the IRS considers this taxable income in the year it is distributed, but that's not how it shows in TurboTax.  If it's there, I can't find where I might have answered a question, or a check box, incorrectly that has caused line 1a to be a zero.  Is TurboTax doing the proper calculations?