topic Re: Non-qualified plan contributions? in Retirement tax questions

Non-qualified plan contributions?

ZpTax — Tue, 24 Feb 2026 03:56:09 GMT

What tax form reports non-qualified plan contributions and in which box?

Re: Non-qualified plan contributions?

BillM223 — Thu, 02 Mar 2023 02:37:48 GMT

What kind of plan are you referring to? There are a number of non-qualified plans.

Are you referring to a Deferred-compensation plan? If so, what IRS section refers to it?

Re: Non-qualified plan contributions?

ZpTax — Thu, 02 Mar 2023 04:13:28 GMT

Any of those plans. The answer is W-2 form.

I don't understand, after all W-2 data are input, why TT is asking if it is a contribution or withdrawal, when boxes 1 and 11 are filled in. If it was a contribution, box 1 would be blank.

Re: Non-qualified plan contributions?

GeorgeM777 — Thu, 02 Mar 2023 18:20:30 GMT

Employers use box 11 to report money you put into a non-qualified plan in a prior year, but they also may use it to report money that you withdrew from a non-qualified plan. Thus, TurboTax needs to ask whether the amount was a contribution or a withdrawal.

@ZpTax

Re: Non-qualified plan contributions?

ZpTax — Thu, 02 Mar 2023 20:50:14 GMT

But if box 1 contains data, it is definitely not a contribution. The program should be able to detect it and make the related determination.

Re: Non-qualified plan contributions?

DaveF1006 — Thu, 02 Mar 2023 22:54:20 GMT

Please read W2 instructions issued by the IRS regarding Box 11. It mentions Under nonqualified plans or nongovernmental 457(b) plans, deferred amounts (contributions) that are no longer subject to a substantial risk of forfeiture are taxable even if not distributed. Report these amounts in boxes 3 (up to the social security wage base) and 5. Do not report in box 11 deferrals included in boxes 3 and/or 5 and deferrals for current year services (such as those with no risk of forfeiture).

In answer to your question, the contribution should be reflected in Boxes 3 and Box 5 and not in Box 11. Reach out to us if you need further assistance.

@ZpTax

Re: Non-qualified plan contributions?

ZpTax — Fri, 03 Mar 2023 02:16:57 GMT

Sorry, you misunderstood me. I don't need to report any contributions and I didn't imply such a case as an example.