Florida  |  Tax Law

Legal Question

Asked on: 4/29/02, 1:54 pm

Taxable pensions

I am a disabled police officer retired since 1986 at age 56 with a full 25 year pension. I have a permanent disability - hearing loss of 80% - incurred while on the job. Since 1986 this pension has been non-taxable. I am told now by the IRS and my accountant since I have reached the age of 65 it becomes a retirement pension and taxable. Is this information correct?

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