SBP Premium Tax Exclusions
Question: I received a letter from DFAS stating that I pain in SBP premiums $2906.27 for year 2005. I am allowed to decuct this amount from my military pension; however; I cannot find anywhere on the...
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DaNang, Put it on line 21, as a Negative number, and subtract from your other income. Be sure to attach, a copy of the letter, to your tax return. Mack
View ArticleRe: SBP Premium Tax Exclusions
Thanks Msgmack, My Tax person didn't know what to do with it, they said they needed another 1099R, in that it was like income. I explained to them it wasn't income, it was Insurance paid that wasn't...
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