I am not trying to be a pain, but want to ensure I understand. I take the total Medicare for my wife and me and deduct as much as my Self Employment (SE) net income permits (when I included all of our Medicare payments, it caused me to have a net loss) on my net self-employment income. So, I take the total Medicare payments for us, and calculate how much causes my net SE income to reach zero and then apply the rest under the insurance section on the 1040.
My business income is less than 10% of our gross reportable income (Military retirement, VA disability, Civil Service retirement and SS for both of us). Does that make any difference in the resolution of this issue?
