Hello everyone, this is our situation: my husband is on permanent disability after several years finally was approved. He received a form SSA 1099 for benefits paid in 2024 for $123809.30, (part of this was Medicare part B premium $2261.30 and direct deposit $121548), includes $41951.90 paid in 2024 for 2023; and $38565 paid in 2024 for 2022.
From these $123809.30 in April 2024 he had to payback to New York Group benefit solutions the amount of $57867.30 , the breakdown of payments as follow : 2022..........$41787.30, for 2023 ..............$16080
how can i deduct this amount $57867.30 from the total SSA1099? using turbo tax desktop?
Also, I have Covered California, and they base the monthly premium based on the year income and is counting that we received total income for our household $123809.30 and not the real amount of for 2024 which was $43292.4 ($123809.30-$41951.90-$38565) any guidance will be very appreciated 😉 Thank You.
