Is a deferred salary compensation plan a non qualified pension plan?

[rjeads3]

If we have money in box 11 on the W-2 do we need to check the box that we took money from a non-qualified plan?

[PaulaM · Accepted solution]

Yes, deferred salary compensation plans are non qualified plans. Enter the box 11 amount and check the box for pension (such as a 457) plan.

https://www.irs.gov/businesses/corporations/nonqualified-deferred-compensation-audit-techniques-guid...

[sparky3]

What is the impact of answering "Yes" to "Tell Us More About Box 11 Income"? It doesn't seem to affect the tax refund / tax due amounts.

[jet37]

If the PA state return is e-filed, do I need to mail the W2 with a statement?

[judidavi]

I seemed to have gotten in trouble because I entered 0's into fields that should have been left blank when entering the W-2 info.

[ColeenD3]

If you can't remove the zeros, you can delete the form and begin again.

To Delete a Form

Open your return in TurboTax. 

• In the left side bar, select Tax Tools> Tools.
• In the pop-up window Tool Center, choose Delete a form.
• Select Delete next to the form/schedule/worksheet and follow the onscreen instructions