Non qualified deferred compensation distributions are showing up on line 1a of the 1040. It should be showing up as other income on schedule 1 line 8t. Hopefully this error in TurboTax can be corrected soon. By reporting in on line 1a it overstates earned income and could impact eligibility of IRA contributions. Please fix ASAP.
posted
February 12, 2024
2:46 PM
last updated
February 12, 2024
2:46 PM