topic TT reporting of Non qualified plans in Get your taxes done using TurboTax

TT reporting of Non qualified plans

onlyme1 — Mon, 23 Feb 2026 09:49:10 GMT

In retirement for the past 5 years I receive $25,000 from previous employer; this would show as Wages in Box 1 of a my W2 and income taxes withheld show in Box 2. The full amount is also shown in Box 11 as from a "nonqualified "plan.

Previously this income would transfer to Line 1 of my 1040 form (Wages Salaries etc). This year it transferred to Line 8t on Schedule 1 and then shows up as "other income" on line 8 of my 1040.

Why the change and does it affect potential taxation rates etc?

Re: TT reporting of Non qualified plans

VolvoGirl — Sun, 29 Jan 2023 18:41:43 GMT

Did you get a W2 instead of a 1099R for it?

Re: TT reporting of Non qualified plans

onlyme1 — Sun, 29 Jan 2023 18:45:06 GMT

Yes its a W2

Re: TT reporting of Non qualified plans

onlyme1 — Sun, 29 Jan 2023 18:45:56 GMT

re previous post.

Have gotten W2's with it since I retired.

Re: TT reporting of Non qualified plans

dmertz — Sun, 29 Jan 2023 20:12:58 GMT

The IRS has moved this to Schedule 1 line 8t on tax returns for 2022 and beyond. TurboTax has implemented this required change.