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Level 1
April 15, 2026
Question

Can I deduct my Medicare Premiums even though I still work (at age 70), do not collect Social Security yet, and voluntarily enrolled? If so, how would Ido this?

  • April 15, 2026
  • 1 reply
  • 56 views
Medicare Advantage is my sole health insurance.

1 reply

SharonD007
Level 14
April 15, 2026

It depends. Health insurance premiums can be entered as an itemized deduction.  You can deduct your unreimbursed health insurance premiums, but you have to itemize your deductions instead of taking the standard deduction.  Medical expenses must exceed 7.5% of your adjusted gross income (AGI) to count toward your itemized deductions  and your itemized deductions must exceed your standard deduction for your filing status to itemize.

 

For navigation instructions, refer to the TurboTax article Can I deduct medical expenses?

 

Review the following TurboTax articles to determine if there are additional items that you can deduct on your Schedule A.  20 Common Tax Deductions: Examples for Your Next Tax Return and What Are Itemized Tax Deductions?

 

For more information on deductions, review the TurboTax article: Standard Deduction vs. Itemized Deductions: Which Is Better?

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