Is W-2 Form used for SERP lump sum payouts?

No, a W-2 Form is not typically used for SERP (Supplemental Executive Retirement Plan) lump sum payouts. Instead, lump sum distributions from a SERP are generally reported on a 1099-R form, which is used for reporting distributions from retirement accounts. The W-2 Form is primarily used to report wages, salaries, and other compensation paid to employees.