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New Member

Can I insert non-taxable payment amount into Medicare part C or D line?

 
3 Replies
ColeenD3
Expert Alumni

Can I insert non-taxable payment amount into Medicare part C or D line?

What non-taxable payment are you referring to? There should be no reason for you to enter information on an official reporting form.

FootiePete
New Member

Can I insert non-taxable payment amount into Medicare part C or D line?

The response was a bit pointless and did not help.

I have money listed on my SSA-1099 stating I have Non-taxable payments also.

Is there any place in TurboTax where this should be annotated?

I am only on Medicare Parts A and B and only pay for Part B.

Thank you.

DoninGA
Level 15

Can I insert non-taxable payment amount into Medicare part C or D line?


@FootiePete wrote:

The response was a bit pointless and did not help.

I have money listed on my SSA-1099 stating I have Non-taxable payments also.

Is there any place in TurboTax where this should be annotated?

I am only on Medicare Parts A and B and only pay for Part B.

Thank you.


There is nowhere on the Form SSA-1099 which shows Non-taxable benefits. 

 

The amount from box 5 on the SSA-1099 is entered on the tax return, Form 1040 Line 6a.  The taxable amount of the benefits are entered on Form 1040 Line 6b.

 

Medicare Part B premiums deducted from your benefit payment are medical expenses entered as an itemized deduction on Schedule A.

 

Up to 85% of Social Security Retirement/Disability/Survivors benefits becomes taxable when all your other income plus 1/2 your social security reaches:

  • Married Filing Jointly - $32,000
  • Single or Head of Household - $25,000
  • Married Filing Separately - 0
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