I'm self employed, over 65 and on Medicare. Turbotax walked me though the business section and said I could take 100% of my healthcare insurance premium as deduction. Questions:
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Yes, you can claim your original Medicare Premiums, Part B, Part D and the Supplemental insurance
Yes, you can take the deduction for the full year since you were self-employed for the full year. Even if your work was not equally done throughout the year, you are still able to claim the medical expenses for the full year.
Yes, you can claim your original Medicare Premiums, Part B, Part D and the Supplemental insurance
Yes, you can take the deduction for the full year since you were self-employed for the full year. Even if your work was not equally done throughout the year, you are still able to claim the medical expenses for the full year.
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