Even though that seems like a logical thing to do, the number that is reported in box 2a is more complicated.
Often box 2a is left blank for a reason. If it is blank, additional calculations are needed in the tax return to determine what portion of box 1 is taxable. So, it wouldn't be a good idea do adjust box 2a for the insurance premium payment made for a retired public safety officer. Also, the financial institution issuing the Form 1099-R may not have the information that the payment is being made to a retired public safety officer.
Therefore, the amount in box 2a and the amount paid for insurance premiums paid for a retired public safety officer must be handled separately.
@thatguyasking
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