- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I am retired and receive SSA 1099 benefits. However i also receive income as a novelist. Can i deduct Medicare B premium and private health insurance premium
I complete schedule C-EZ for my business income. Can Medicare B and private insurance be entered on line 29 of 1040
Topics:
June 4, 2019
3:10 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Yes, you can use the Medicare B premiums and other private health insurance premiums as a self employed health insurance deduction.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 4, 2019
3:11 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
If your Medicare premiums are being taken out of your SSA-1099, make sure you DON'T enter them on the SSA-1099 page in TurboTax if you're going to be entering them as a self-employed expense.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
June 4, 2019
3:11 PM