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When you are retired for the impairment and you will revealing your handicap retirement on the internet 1h, is just the taxable matter thereon line and enter “PSO” plus the amount omitted for the dotted line close to line 1h. If you make that it election, reduce the otherwise taxable amount of your own retirement otherwise annuity by the extent excluded. Extent shown inside the field 2a out of Form 1099-R doesn’t mirror the new exception.
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