I have this document that was sent to me by my retirement board, as I am a retired firefighter. The letter states I am eligible to deduct an amount by editing form 16b of the form 1040, but in Turbo Tax, that doesn't seem possible. Can someone help me get pointed in the right direction??? Thank you in advance
mpasquantonio
As a retired Public Safety Officer, you can deduct up to $3,000 for Health insurance from your pension.
The law no longer requires that the pension fund directly deduct the amount paid for health insurance.
If this is the case, this is how to enter the amount of health insurance you paid in TurboTax.
In TurboTax Online, please follow these steps: