My Social Security Retirement benefit was overpaid in 2021 due to earned income over the limit. My income is over the limit again in 2022 and as a result my benefit payments were suspended this year beginning with the February 2022 benefit payment.
I entered into a monthly repayment agreement with SSA which I am paying out of pocket with after tax dollars. For 2022 my repayment amount is greater than the benefit amount I've received. I paid income tax on the amount overpaid in 2021. I could use some guidance on how to handle this.
Additionally, I turned 65 in 2022. Since my Social Security benefit is suspended, I've had to pay my Medicare B out of pocket with after tax dollars too. I need some guidance on how to handle this too.
