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.
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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