Contributions to Non-Qualified Deferred Compensation Plan W2
Do contributions to non-qualified deferred compensation plan show up in the W2?
Do contributions to non-qualified deferred compensation plan show up in the W2?
Because Social Security and Medicare taxes are due when the this deferred compensation is no longer subject to forfeit, the contributions should appear in box 3 (subject to the Social Security wage limit) and box 5 of the W-2 at that time. If prior year contributions are vesting, they and their attributable earnings also need to appear in box 11. See examples 1 through 3 in the Nonqualified Deferred Compensation Reporting Examples Chart in the instructions for Form W-2: https://www.irs.gov/pub/irs-pdf/iw2w3.pdf
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