myNQDC | Taxes

Taxes

Understand basic and advanced concepts, the rules of tax reporting and filing, and the NQDC requirements (and potential penalties) under Section 409A of the Internal Revenue Code.

Click on the links below to see articles and FAQs about these topics.

Basics

Nonqualified deferred compensation offers beneficial tax treatment, but how does it work?

Advanced

Learn about the more complex aspects of NQDC taxation and tax planning.

Reporting

Understand how nonqualified deferred compensation is reported on your W-2 or 1099, and how you must report NQDC on your tax return.

Section 409A Rules

For you to achieve the financial potential of NQDC, you and your company must comply with Section 409A of the Internal Revenue Code. Compliance errors result in heavy tax penalties on you (not your company).