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Public Service Officer benefit for retired law enforcement. Take up to $3,000 off taxable income if insurance benefits are deducted from your annuity.

Is there an IRS form for this credit?
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bwa
Alumni
Alumni

Public Service Officer benefit for retired law enforcement. Take up to $3,000 off taxable income if insurance benefits are deducted from your annuity.

It's not a credit, it's an exclusion from income available to retired Public Safety Officials.  Turbotax will ask if you are a retired PSO when you enter the Form 1099-R.  See the screenshot below.

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1 Reply
bwa
Alumni
Alumni

Public Service Officer benefit for retired law enforcement. Take up to $3,000 off taxable income if insurance benefits are deducted from your annuity.

It's not a credit, it's an exclusion from income available to retired Public Safety Officials.  Turbotax will ask if you are a retired PSO when you enter the Form 1099-R.  See the screenshot below.

View solution in original post

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