2023 Law Change for Retired Police Officer Deduction for ... - Intuit
Jan 27, 2024 · In 2006, the Healthcare Enhancement for Local Public Safety (HELPS) Retirees Act allowed retired public safety officers to withdraw $3,000 tax free from their pension plan to …
Question: Public Safety Officer deduction of health care premium
Oct 29, 2023 · REFERENCE: "The Retired Public Safety Officer Insurance Premium Deduction Program allows eligible, retired public safety officers to use distributions from their annuity to …
Solved: PSO Deduction - Intuit
Feb 7, 2024 · PSO Deduction I am having a dilemma with the PSO insurance premiums. The pension administrator paid for my medical health insurance. I also pay for additional medical …
Solved: Who qualifies for the PSO status which allows a $3,000
Jun 7, 2019 · Who qualifies for the PSO status which allows a $3,000 income deduction? My husband is a retired corrections officer. Turbo Tax gave him the $3,000 income deduction and …
Can I claim the $3000 Retired Public Safety Officer exclusion
Jun 5, 2019 · The ISO amount I refered to is PSO (Public Safety Officer health insurance payments) and I found the instruction for listing the disability pension on line 7 of the 1040 in …
Public safety officer insurance exclusion - ttlc.intuit.com
Jan 14, 2024 · Can I use my medicare premiums off my SSA-1099 as an insurance exclusion for my Public Safety Officer??
PSO Deduction - Intuit
Mar 3, 2024 · Addyour 1099-R oreditthe 1099-R that had your health insurance deducted Go through the questions and make sure to answerYesto “this money came from employment as …
Solved: Retired Public Safety Officer Insurance deduction - Intuit
Feb 2, 2023 · In addition, the letters PSO will appear on line 5a. If you do not have any taxable pension income, then you cannot get the $3k health insurance premium deduction for public …
Solved: Retired Public Safety Officer Exemption
Jan 5, 2024 · Secure Act 2.0 amended the tax code so that the pension administrator no longer must directly pay retiree health insurance premiums from a public safety officer pension. How …
Solved: How using Police Officer (PSO) on line 16 b. How do I
Jun 4, 2019 · How using Police Officer (PSO) on line 16 b. How do I deduct Health Insurance Premiums Paid. I over ride line 16b but fed tax owed is not reduced?