dascpa
Level 11
02-17-2023
03:12 PM
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Other answer is incorrect. Form 1099-R, insurance section below Line 19, "Amount of qualified insurance premiums paid subtracted from an eligible retired public safety officer's distribution." The max is $3,000. When you put it in the 1040 will subtract $3,000 from taxable retirement and put PSO next to it on page 1 of 1040.