If Medicare Part B was deducted from benefits but ...
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rltmath
New Member

If Medicare Part B was deducted from benefits but why was it added as income on tax form?

Box 5 has a net benefit for 2019 and Medicare part B has an amount deducted from benefits but these two were added
2 Replies
VolvoGirl
Level 15

If Medicare Part B was deducted from benefits but why was it added as income on tax form?

Where is it added, what line or box?  Medicare Part B will go to Schedule A as an itemized deduction if you don't take the Standard Deduction.  

VolvoGirl
Level 15

If Medicare Part B was deducted from benefits but why was it added as income on tax form?

Social Security shows up on 1040 line 5a and the taxable amount on 5b.
Up to 85% of Social Security 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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