Distributions Used To Pay Insurance Premiums for Public Safety Officers

[fireman0175]

Hello,

I am trying to confirm that as a retired PSO receiving a state pension retirement income, if I pay for my insurance premiums post tax from that income source that I am able to deduct up to $3000 from my 1099-R amount?   Turbo tax used to ask me that question, but his year did not and I did not catch it until after filing.  I believe it went on line 5A with the PSO box checked and the deducted amount for insurance premiums in 5B.

Thank you

[DaveF1006 · Accepted solution]

Yes, this is how it is reported in TurboTax.

1. Go to Wages & Income > Retirement Plans and Social Security (1099-R).
2. Edit your state pension 1099-R.
3. Continue past the main box entries until you see a screen titled "Do any of these uncommon situations apply?"
4. Check the box for "This money is from being a Public Safety Officer."
5. The next screen will specifically ask for the amount of health insurance premiums you paid (up to $3,000).

Since you've already filed and the $3,000 reduction wasn't applied, you will need to file an Amended Return (Form 1040-X).. The amended form is not available until 2-25, so you will need to wait for this. Here is how to file once it's available.

How to Start the Amendment (1040-X) After 2-25

TurboTax Online:

1. Log in and go to your Tax Home.
2. Scroll down to Your tax returns & documents and select 2025.
3. Select Amend (change) return and then Amend using TurboTax Online.

TurboTax Desktop:

1. Open the tax file you already filed.
2. Go Federal>other tax situations
3. Other Tax forms
4. Select Amend a Filed Return