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Deductions & credits
Yes, you can use medicare premiums paid from your social security benefits as self-employed health insurance premiums. Medicare premiums you voluntarily pay to obtain insurance in your name that is similar to qualifying private health insurance can be used to figure the deduction.
Medicare premiums you voluntarily pay to obtain insurance in your name that is similar to qualifying private health insurance can be used to figure the deduction.
For additional information, please refer to the following link:
‎April 5, 2021
12:08 PM