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My employer discontinued a NQ plan and I got a check and separate w2. Would this be a distribution?

 
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DanielV01
Expert Alumni

My employer discontinued a NQ plan and I got a check and separate w2. Would this be a distribution?

No, it is compensation.  That is why you received the W2, to report the compensation as such.

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3 Replies
DanielV01
Expert Alumni

My employer discontinued a NQ plan and I got a check and separate w2. Would this be a distribution?

No, it is compensation.  That is why you received the W2, to report the compensation as such.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

My employer discontinued a NQ plan and I got a check and separate w2. Would this be a distribution?

thanks Daniel!
DanielV01
Expert Alumni

My employer discontinued a NQ plan and I got a check and separate w2. Would this be a distribution?

You're welcome.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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