On my W2 my employer reported my settlement of my RSU's in Box 11 under Nonqualified Plan. This year, Turbo Tax is asking me the following:
Did you take money out of your nonqualified pension plan?
We just need to check whether the $______ in box 11 is money you contributed to your plan, or if it's money you took out of your plan.
Yes, I took this money out of my nonqualified or Section 457 plan.
No, this is money I contributed to my nonqualified or Section 457 plan.
Not sure what to click as it doesn't feel like either. Not sure it makes a difference in how you respond. Anyone have advice on this?
