Effective with the 1990 tax year (TY), employers must record in the "nonqualified
plan" box of the W-2, the amount of distributions to an employee in the TY from a
nonqualified deferred compensation plan, including section 457 IRC plans as explained
in RS 01505.031. (These payments are also included in the amount in the box "Wages, tips, other compensation"
and may be included in the Social Security wage box.)
IRS Publication 957 is available to employers from the Internal Revenue Service. The
publication contains background information on special wage payments as well as complete