topic medicare premium in Deductions & credits

medicare premium

abnpam — Sat, 06 Mar 2021 23:33:25 GMT

Are medicare premiums deductible on oregon taxes

Re: medicare premium

LenaH — Sun, 07 Mar 2021 00:00:15 GMT

Yes. Insurance premiums for medical and dental care, including Medicare Parts B and D, are deductible in Oregon. However, you can deduct only the part of your medical and dental expenses that exceeds 7.5 percent of the amount of your federal adjusted gross income. Any amount exceeding 7.5 percent is deducted on Schedule OR-A (Oregon Itemized Deductions).

Re: medicare premium

abnpam — Sun, 07 Mar 2021 00:02:42 GMT

Thanks, Oregon also has a special medical deduction for seniors.