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Should deferred director fees in 2020 be reported on Form 1099-NEC in 2020? Assume the actual payout of these 2020 deferred director fees will occur in 2030.

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When the actual payout will occur is not what you should be concerned about.  Whether the deferral satisfies the requirements of §409A is what drives the reporting.  Failing to make a payment when the deferral is no longer subject to a substantial risk of forfeiture is one such example.

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