topic Employment and Medicare deduction in Deductions & credits

Employment and Medicare deduction

terrifict1953 — Tue, 08 Feb 2022 03:25:37 GMT

I am not self employed. Can I deduct Medicare premiums that I paid in 2021 as medical expenses?

I retired on 12/31/20 and did not work in 2021. However, in order to keep my Physician Assistant certification current, I need Continuing Medical Education credits. I keep my certification current in case I do go back to work in the future. Can I deduct the expenses for the CME (plane fare, rental car, hotel expenses, CME cost)?

Re: Employment and Medicare deduction

ZoltanB45 — Tue, 08 Feb 2022 03:49:45 GMT

As long as the insurance was not through a job, you can record the premiums paid as a medical expense. The expenses incurred to keep your certificate open are not deductible. If you had a side business or contract as a physician assistant (non w-2), then this would be deductible.

Re: Employment and Medicare deduction

cwalins — Fri, 11 Feb 2022 14:16:45 GMT

Where and how do I enter the Medicare deduction in turbo Tax?

Re: Employment and Medicare deduction

Vanessa A — Fri, 11 Feb 2022 14:39:35 GMT

If you are not self-employed and received a SSA-1099, when you enter that form in the income and wages section you will include the Medicare premiums paid as listed on your SSA-1099.

To get to that section click the following:

Wages and Income
Scroll down to Retirement Plans and Social Security Click Show More
Start next to Social Security.
Enter your SSA-1099 that you received from Social Security