Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 6, 2024 10:58:35 AM

Is my net benefits on my SSA1099 before they take out for Medicare or after?

Where is my net income located on my SSA1099?

0 1 1450
1 Replies
Expert Alumni
Mar 6, 2024 11:03:17 AM

The Social Security income that you must report is the income before Medicare premiums are deducted. It's in Box 5 of Form SSA-1099.

 

Medicare premiums deducted from your benefits can be claimed as Medical expenses if you itemize your deductions.