topic Should deferred compensation be reported as W2 or 1099 Misc? I received a W2 but want to ensure I don’t pay social security tax again. SS tax was paid when income earned. in Get your taxes done using TurboTax

Should deferred compensation be reported as W2 or 1099 Misc? I received a W2 but want to ensure I don’t pay social security tax again. SS tax was paid when income earned.

rstellon21 — Sat, 01 Jun 2019 04:56:18 GMT

W2. When you have a W2, your tax return doesn't add payro...

ChristinaS — Sat, 01 Jun 2019 04:56:19 GMT

W2. When you have a W2, your tax return doesn't add payroll tax back on to your return. This could only happen if you got a 1099-MISC, as that leads to Self-Employment tax.

It would be a problem if you got a 1099-MISC, so its good that you didn't.