MargaretL
Expert Alumni

Retirement tax questions

Medicare Part B is tax deductible.  If that information is listed on your form 1099-SSA, Turbo Tax will automatically carry the amount to the Schedule A, medical expenses section.

Otherwise, voluntary Medicare B premiums you paid in 2016 are qualified medical expenses.     

  1. Federal Taxes
  2. Deductions and Credits
  3. Scroll down to Medical, select Medical Expenses, enter the total amount for all medical insurance premiums that you paid

Note: Medicare part D, a voluntary prescription drug insurance premiums can also be included as medical expenses.