jrichb
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The letter doesn't break it down. It just says FICA tax, and had a monthly schedule until a designated amount was paid. But now I think I figured out what they ...
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I received a w-2 with the gross amount in box 1 and box 11, as it's a nonqualified pension plan. I double checked with the fund manager and they confirmed that ...
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Also it didnt seem like the fica portion paid should be included in my AGI and be subject to income tax.
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Is there an annual maximum on this tax? Like there is on wages. My wages exceeded the max and i paid this on top of that.
Activity Feed for jrichb
- Cheered Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FICA deductions. Can I report these deductions, and if so how? for macuser_22. February 24, 2021 3:04 PM
- Posted Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FIC... on Retirement tax questions. February 24, 2021 3:03 PM
- Cheered Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FIC... for DaveF1006. February 24, 2021 3:03 PM
- Posted Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FICA deductions. Can I report these deductions, and if so how? on Retirement tax questions. February 24, 2021 10:52 AM
- Posted Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FIC... on Retirement tax questions. February 24, 2021 9:57 AM
- Cheered Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FIC... for MinhT1. February 24, 2021 9:54 AM
- Posted Re: My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FIC... on Retirement tax questions. February 24, 2021 9:53 AM
- Posted My nonqualified pension W2 only shows the gross payments I received, and doesn't show the FICA deductions. Can I report these deductions, and if so how? on Retirement tax questions. February 24, 2021 9:03 AM