You'll need to sign in or create an account to connect with an expert.
Medicare B premiums are typically automatically deducted from paid Social Security benefits. They are deductible medical insurance expense and would be reported as deductible in a fashion similar to the premiums for a Medicare Advantage plan or a Medicare Supplement plan to Original Medicare.
The Form SSA-1099 issued to you at the beginning of January by the Social Security Administration will report the total of Medicare B premiums that were deducted from your Social Security benefits.
SPECIFIC and only TO ORIGINAL QUESTION by hootonjack I am unclear about one thing you wrote: "have health insurance from federal retirement" - is this some additional insurance separate from Medicare, such as Federal Employee medical insurance? That is, are you covered by more than one insurance plan?
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.
spsmth113
New Member
vlb123154
New Member
montimann6
New Member
malloywilliam5252
New Member
pgreen1
New Member