Keithplanner
-
Posts
3 -
Joined
-
Last visited
-
Deferred Comp Bankruptcy
Keithplanner replied to Keithplanner's topic in Nonqualified Deferred Compensation
Thank you all for your input! -
Deferred Comp Bankruptcy
Keithplanner replied to Keithplanner's topic in Nonqualified Deferred Compensation
This was NOT a 457(b) plan. -
Hi, Employee of Sports Authority participated for a number of years in deferred compensation plan. FICA and Medicare was withheld from the deferred comp. SA went bankrupt in 2016. Deferred comp is a total loss. Is there any type of tax deduction/writeoff on the personal federal tax return for the withholding and contributions? If so, how? Thank you. Keith