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Deductions & credits
Please clarify why the Home Mortgage Interest Worksheet Part C is incorrect.
Question 2:
Yes, Medicare Part G premiums are deductible if:
- Medical premiums and expenses above 7 1/2% of your Adjusted Gross Income are deductible.
- 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.
‎February 5, 2022
2:14 PM