You'll need to sign in or create an account to connect with an expert.
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.
Note: Medicare part D, a voluntary prescription drug insurance premiums can also be included as medical expenses.
Hi, I thought your reply was the closest answer to my question but I need to clarify additional info with you. I need an answer asap for the following: Regarding my 2019 Form SSA-1099, the description of amount in box 3 section only deducts the Medicare Part B premiums from my benefits. However, I do have Medicare Part D premiums also but I pay that separately. Therefore, do I need to add the Part D amount to the Part B amount listed on the form and enter it together when filling out my taxes? I am not itemizing so if I can't do that, I won't get credit for the Part D amount. Please let me know today if possible since I have to submit my taxes tomorrow. Thank you for your assistance!
how do i deduct the premiums if i don't itemize
The answer is that you don't deduct the premiums if you don't itemize.
However, TurboTax encourages you to add them anyway, because a few states have more liberal deductions than the IRS, so maybe that will work out for you.
@oviewbeach
... unless you are self-employed and can take a self-employed health insurance deduction for the amount of the Medicare Part B premiums paid.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
krsanborn75
New Member
jeannettebiddle3106
Level 1
fpho16
New Member
Tina777
Returning Member
capricorn1
Returning Member