- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
how and where to report non taxable payment (for medicare overpayment refund)
I received a non-taxable payment shown on my SSA-1099 SM. I know this is for a Medicare premium overpayment for the period June-August 2024 as indicated in a notification letter, (premium was paid in May 2024. I am older than my husband and have been paying Medicare premiums quarterly since 2022). But this April 2024, my husband decided to apply for SS benefits, and so I was advised to apply for Spousal Benefit as well. We received a letter from SS explaining the benefits (monthly amount and starting dates, retroactive payment /lumpsum, and moving forward monthly payment, as well as Medicare monthly deduction from SS benefit payment - Starting April 2024, and paid a month later mid-month). My March-May 24 quarterly Medicare was paid in Feb. 2024 and the Medicare overpayment for April/May was included in a spousal benefit lumpsum paid in June 2024.
So, my question is: (1) How/where do I report/record the non-taxable payment in my filing, should I report all the actual Medicare payments made (the one indicated on my SSA-1099 + my quarterly payments prior to Spousal benefits application) and then report the refund somewhere else (and where?) OR should I only compute Medicare payments minus the refund and report that amount (and where).
Thank you