3174569
You'll need to sign in or create an account to connect with an expert.
After you enter your Form 1099-R in the Retirement Plans and Social Security section in TurboTax, you will be asked if you were employed as a public safety officer. When you answer yes, you will see two more screens where you can indicate that the pension administrator paid health insurance for you and you can enter the amount they paid. Up to $3,000 of the insurance premiums will be excluded from your taxable pension income.
After you enter your Form 1099-R in the Retirement Plans and Social Security section in TurboTax, you will be asked if you were employed as a public safety officer. When you answer yes, you will see two more screens where you can indicate that the pension administrator paid health insurance for you and you can enter the amount they paid. Up to $3,000 of the insurance premiums will be excluded from your taxable pension income.
Thanks very much for your quick reply. This will help greatly.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Cheshihime
New Member
jcharlemagnej
New Member
saviochenyu
New Member
mms4063
Level 1
BarneyB
Level 1