as a retired police officer can i deduct my insurance from line 5 of my 1099R

[MinhT1 · Accepted solution]

Yes.

As a retired Public Safety Officer, you can deduct up to $3,000 for Health insurance from your pension.

The law no longer requires that the pension fund directly deduct the amount paid for health insurance.

If this is the case, this is how to enter the amount of health insurance you paid in TurboTax.

In TurboTax Online, please follow these steps:

1. After you have entered your form 1099-R, continue the questionnaire until you arrive at a page titled Do any of these situations apply to you? 
2. Put a check mark next to This money was from being a Public Safety Officer and click Continue
3. On the next page, click on the box Yes, money was taken out to pay for Health Insurance
4. On the next page, enter an amount up to $3,000 and click Continue
5. The amount will be excluded from taxation.