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Level 2
March 1, 2022
Question

How to answer this question about box 11, taxable cost of group term life insur. over $50K: "Did you take money out of your nonqualified pension plan"?

  • March 1, 2022
  • 3 replies
  • 30 views
There are two options: Yes, I took this money out of my nonqualified or Sec. 457 Plan, or No, this is money I contributed to my nonqual. or Sec. 457 Plan.

3 replies

ColeenD3
Alumni - Intuit
March 1, 2022

Can you clarify your question? Where in the program are you? 1099-R? What are the actual circumstances? We can't answer a question if we don't know what's going on.

Level 2
March 1, 2022

Thanks - I was able to get help.  I would have provided more info but I was limited to the number of characters I could write.