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Level 3
posted Mar 16, 2022 10:48:22 AM

Can I use the death benefit exclusion if I receive my deceased husbands pension monthly. He died in 1994.

I don't know what this exclusion is for.

0 4 882
4 Replies
Expert Alumni
Mar 16, 2022 11:08:24 AM

No. The death benefit exclusion does not apply to you if your husband was not a Federal employee.

 

A death benefit exclusion of up to $5,000 applies to certain benefits received by survivors of retired Federal employees who died before August 21, 1996.

Level 3
Mar 16, 2022 11:11:21 AM

Thank you for your answer. I appreciated it. He was a police officer but local. Have a great day.

Level 3
Mar 16, 2022 11:44:29 AM

May I ask 1 more question. I received a 1095-C. Each month  $65.00 is taken out automatically  for health insurance. Box 14 has a 1A, box 15 has 65.00, box 16 has 2C.  Does that get deducted anywhere?

Expert Alumni
Mar 16, 2022 11:58:57 AM

You do not have to enter a 1095-C in TurboTax.  You will  keep a copy of the 1095-C with your tax records.  The insurance company will provide the IRS with the needed information.