As a 60 year-old retired Federal law enforcement individual, covered under the special retirement provisions for Federal law enforcement officers, I receive a FERS Annuity Supplement until I become eligible for social security at age 62. The FERS Annuity Supplement is in addition to the basic FERS retirement payment, due to the fact employees covered under the special law enforcement retirement provisions are forced to retire at age 57.
In addition to excluding up to $10,000 from my basic FERS retirement income on line 511-A, line 5, should I be able to exclude 100% of the FERS Annuity Supplement from my taxable income on the Oklahoma form 511-A, line 3?
Below is an excerpt from the Oklahoma form 511-A instructions:
A3 - Federal Civil Service Retirement in Lieu of Social Security
Each individual may exclude 100% of their retirement benefits received from the Federal Civil Service Retirement System (CSRS), including survivor benefits, paid in lieu of Social Security to the extent such benefits are included in the federal adjusted gross income. Enter your Retirement Claim Number from your Form CSA 1099-R or CSF 1099-R in the box on Schedule 511-A, line 3 or Schedule 511NR-B, line 3. Enclose a copy of Form CSA 1099-R or CSF 1099-R with your return. To be eligible, such 1099-R must be in your name.
Note: Retirement benefits paid under the Federal Employees Retirement System (FERS) do not qualify for this exclusion except:
Retirement benefits containing both a FERS and a CSRS component, the CSRS component will qualify for the exclusion.
The FERS Annuity Supplement (as authorized by Chapter 84 of Title 5 of the United States Code) paid to certain FERS retirees until eligible for social security at age 62, will qualify for the exclusion.
