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Social Security: Taxing Nonqualified Deferred Compensation

HRD-90-82 Published: Mar 15, 1990. Publicly Released: Apr 16, 1990.
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Highlights

Pursuant to a congressional request, GAO provided information on the origin, development, and impact of an amended Internal Revenue Code (IRC) provision that resulted in different social security tax treatments of: (1) employee income deferred through nonqualified plans; and (2) self-employed income deferred through contractual arrangements with customers.

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