topic Re: Deductions in Deductions & credits

Deductions

JB491 — Sun, 28 Feb 2021 22:56:32 GMT

How are reimbursements of Medicare Part B premiums, deducted from my Social Security, entered in TurboTax? Reimbursements are coming from an HRA, Health Reimbursement Arrangement.

Re: Deductions

DaveF1006 — Sun, 28 Feb 2021 23:18:06 GMT

Medicare Reimbursements are not taxable because you have already reported your full social security benefit, including the Medicare Part B premiums.

if you claimed medical premiums as itemized deductions, you will need to list it as a medical reimbursement when entering medical expenses. If you are claiming a standard deduction, then this would not be entered anywhere.

Re: Deductions

JB491 — Wed, 03 Mar 2021 18:02:26 GMT

Thank you DaveF1006, your response resolved the issue.