I am Professor emeritus. Should I enter Medicare C and D?

 

Business & farm

If you are paying your Part C and D out of pocket instead of from SS benefits, then you can enter the amount paid as a medical expense.    (If they are deducted from your SS benefits, the amount flows from your SSA1099 right into the medical expense section).

 

 

 

MEDICAL EXPENSES

The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.)  expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2019—do not include any amounts that were covered by insurance or that are still outstanding. Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.

To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Business & farm

Many thanks for your reply. It is very helpful.

 

Rett