JillS56
Expert Alumni

Deductions & credits

Please clarify why the Home Mortgage Interest Worksheet Part C is incorrect.   

 

Question 2:

 

Yes, Medicare Part G premiums are deductible if:

  1. Medical premiums and expenses above 7 1/2% of your Adjusted Gross Income are deductible.   
  2. You are able to file a Schedule A.  In other words, your Schedule A must total more than the standard deduction for your filing status.