- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
@abazba12 wrote:
Thanks. So Bsch4477’s reply that “You are taxed on your total social security income” really means “You are taxed on your total social security income minus Medicare premiums because Medicare premiums are not included in box 5 on my 1099.” Did I get that right?
Sort of correct. The Medicare premiums are paid from the SS benefits you receive. Your total benefits received are in box 5.
yesterday