I think you mean "PSO" .
Per the IRS rules:
Public Safety Officers
If you are an eligible retired public safety
officer (law enforcement officer, firefighter,
chaplain, or member of a rescue
squad or ambulance crew), you can elect
to exclude from income distributions
made from your eligible retirement plan
that are used to pay the premiums for
coverage by an accident or health plan
or a long-term care insurance contract.
If you are retired on disability and reporting
your disability pension on line 7,
include only the taxable amount on that
line and enter “PSO” and the amount excluded
on the dotted line next to line 7.
Being in line 7 would indicate that this is a disability pension and you have not yet reached retirement age, otherwise it would be on line 16.
Up to $3,000 can be excluded if it was insurance paid by the plan.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
