Laura49
Level 3
03-18-2020
06:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Compensation is to be reported on a W2 in Box 1 and 11 plus box 16 for state wages. The 1099 is the incorrect form for reporting Deferred Comp. I myself receive Deferred Comp and have never received a 1099. Ask your client for the agreement with his former employer to make sure it truly is Deferred Comp.