Deductions & credits

Ahhh...that situation

 

Yeah, if you are not yet taking SS yet, and are paying into Medicare separately, it would be nice if they added some kind of help/ explanation about just summing it all on that one line until they start taking SS and paying it out of monthly benefits.   Not sure what the SSA-1099 will show if you start mid-year.....will the before-start Medicare payments be added in, or have to entry them separately.

 

Keep carful records, whenever you start SS, to see what shows up on the SSA-1099 for the year.

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____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*