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How do I claim Medicare Part B premiums paid for by my health insurance provider if itemized deductions are used?
Health insurance provider reimburses me $600 for Medicare Part B premium as part of a Medicare Reimbursement Ac count. Proof of payment has to be provided to them.
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June 4, 2019
11:00 PM
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Get your taxes done using TurboTax
For the itemized deduction on medical you would reduce the cost of the premiums by the reimbursement of $600.
You are using the downloadable version of TurboTax so this would be very easy.
Go to the Forms mode in your TurboTax program. (upper right in the blue area on a windows computer otherwise View on a Mac).
Open the Medical worksheet and on line 13a highlight it and enter $600.
This will fix this.
June 4, 2019
11:00 PM