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?
011631
1 Best answer
bwa
Alumni
Jun 3, 2019 1:08:16 PM
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.
1 Replies
bwa
Alumni
Jun 3, 2019 1:08:16 PM
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.