I was forced to sign up for Medicare because my employer's coverage was not creditable. I had to cancel my employers coverage to do this and sign up with Medicare within 90 days or face getting a 10% levy each year I DID NOT sign up because of the lack of 'CREDITABLE' employer insurance.
Turbo tax is only offering 3 choices 1) is as if I purchased insurance on the health care market which is NOT TRUE 2) Health Savings account - NO 4) Medical Savings account - NO 5) Medicare Advantage MSA - NOT that either.
I PAY OUT OF MY POCKET. I am not collecting SS yet so it is not deducted from SS, it is deducted from my checking.
I also have a GAP plan separately that lowers my co-pays etc. But apparently that is not deductible.
How do I try to claim at least the Medicare portion? There are so many loop holes, It just isn't fair to not be able to get a deduction. And I feel like it's not fair the GAP plan isn't deductible at all.
