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Deductions & credits
Medicare B and Medicare D can be deducted as self-employment Health insurance and reduce income from self-employment. You can deduct up to 100% of health insurance expenses if you have a profit. Enter these premiums as self-employed business expenses as business deductions. (Medigap and Medicare B and D)
DO NOT enter again when you are entering your Social Security Benefits. See attached screen shots.
‎June 6, 2019
7:01 AM