United States IRC sections
Statute section
IRC section 409A
Inclusion in gross income of deferred compensation under nonqualified deferred compensation plans
Country
United States
Section
409A
Updated
2026-05-20
Operative text
Section 409A imposes strict timing and election rules on nonqualified deferred compensation plans. Violations result in immediate income inclusion of all deferred amounts plus a 20 percent additional tax and interest at the underpayment rate plus 1 percent.
Cross-references
26 U.S.C. 45126 U.S.C. 457A
Related guides
Primary sources
- 26 U.S.C. section 409AVerified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.