In Home & Business where do I enter Medicare B & Supplemental Ins (AARP) payments?

[VolvoGirl]

Go to

Business tab-Continue

Choose Jump to Full List -or I'll choose what I work on

Then…..

Business Income and Expenses - Click the Start or Update button

Then click EDIT by the business name and the next screen should be a list of  topics,

Business Profile, Income, Inventory/Cost of Goods Sold, Expenses, Assets, and Final Details last.

Under Business Expenses, Click Start or Update by Other common business expenses

Then click Update by Insurance Payments

Then click Update by Health Insurance Premiums

Self-employed health insurance deduction goes on Form 1040 Schedule 1 line 29, as long as the expense is not greater than your net self-employment income. If it does exceed your net self-employment income it gets split automatically. An amount equal to your net self-employment income goes on Form 1040 schedule 1 line 29, and the remainder gets added in to medical expenses on Schedule A.

If it is deducted from your Social Security then delete it from ss and enter it under self employment.  

[DawnC]

Those are entered in the Medical Expenses section of TurboTax.   Where do I enter my medical expenses?  

To deduct medical, dental, or vision costs on your federal return, you have to itemize your deductions instead of taking the Standard Deduction.   For most people, the Standard Deduction produces the best outcome on your taxes. You can read our article to learn more about the differences.    If you itemize, you can deduct medical expenses that exceed 7.5% of your adjusted gross income (AGI).

Here's how to enter your medical expenses in TurboTax:

1. Open or continue your return.
2. Navigate to the Schedule A section:
   • TurboTax Online/Mobile: Go to Schedule A.
   • TurboTax Desktop: Search for Schedule A and then select the Jump to link.