W-2's and 1099's

[Jilliandiz]

Accounting client is retired, he received a 1099 from his Defined Benefit Plan Distribution and also a W-2 showing wages paid to him coded as Defined Benefit Plan/Nonqualifed Plan....should a DB Distribution received be recorded on a W-2? That doesnt seem right to me that he would have a 1099 and a W-2...any thoughts? My next thought was maybe the W-2 is actually for a deferred comp plan arrangement or something, because its coded as NonQualified Plan and DB Plan, my gut is telling me the coding was incorrect on the W-2? Bottomline..can you W-2 someone for receiving a DB Distribution? And if someone did receive a deferred comp plan, would it be reported on a W-2?

[AndyH]

yes, if it is deferred comp it is W2 and it is subject to FICA tax unless that was prepaid.

[JanetM]

You report all qualified distributions on 1099R - note AndyHs caveat regarding the deferred comp.