How can I check to see if my public safety health insurance exclusion of $3000 has been applied?

[letsam03]

I am a Public Safety Officer and am entitled to a $3000 tax credit but don't know where to see if it has been applied or if there is someplace I need to enter this... how do I enter this or check to see if has been applied.

[DoninGA · Accepted solution]

After you have completed entry of your Form 1099-R there will be a series of screens asking specific questions.  One of the screen asks if this money came from employment as a Public Service Officer, answer Yes.  The following screen asks if money was taken out for health insurance, answer Yes.  The next screen asks how much was paid for the insurance, do not enter more than $3,000.  Continue until the section completes.

On your Form 1040 Line 5b, the taxable amount of your pension, will be reduced by the amount of health insurance payments you entered.  On the Line for 5b will be the letters PSO entered.