Retirement tax questions


@Mtnbyke wrote:

Interesting but does not address the issue of CALCULATING MAGI for IRMAA.


TurboTax is  *income tax* software and does not support calculations that do not go on an income tax return.

 

IRMAA is an acronym for Medicare's income-related monthly adjustment amount.   Medicare does not go on an income tax return other than what is reported to you on a W-2 or SA1099 form.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**