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I am not an 'active participant' in my employer's deferred comp plan for this year, 2012, because my employer is not making any contributions to the company plan this year nor am I. My employer tells me that this means I can make a tax deductible contribution to an IRA account. Assuming this is true, how do I document the fact in my tax return that I am indeed not an 'active participant' in any other kind of deferred comp program for 2012? I know that if I get audited it will probably be two, three, or 4 years from now. It is a lot easier to make sure I've taken care of documenting this now than scrambling to document it several year's from now - or maybe not being able to at all. Thanks. XXXX X.
Thank you, ***** ***** This answers my question. XXXX X.