JimmyH
Returning Member

Retirement tax questions

In early 1990's my pension plan supplied me with 1099-R's each year representing the life insurance portion that needed to be reported, both federal & state on my tax returns.  Along with the 1099-R was a letter from the Pension Trustee advising to keep track of all PS-58 costs each year, as they were "deductible against the income you will receive from the pension plan at retirement".  I don't know how to record these costs in Turbo Tax.