topic Non-Qualified Deferred Compensation distribution in Get your taxes done using TurboTax

Non-Qualified Deferred Compensation distribution

RAuser1 — Mon, 29 Mar 2021 21:35:40 GMT

I am preparing a non-resident MA state tax return in TurboTax and I need to adjust the W2 state wage amount to reflect that a portion of the deferred distribution, reported as W2 wages, was not attributed to MA as the source state. How do I accomplish this correction within TurboTax?

Re: Non-Qualified Deferred Compensation distribution

AmyC — Tue, 06 Apr 2021 21:39:42 GMT

On the W2, in the state section. MA should be selected for the MA source income to report. You may need to break up the state income between MA and your resident state.

It's ok if the state section of the w2 does not match the form. The form has already been filed with the federal and state governments. This is your chance to correct the form to reality.