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Level 2
February 28, 2021
Solved

Deductions

  • February 28, 2021
  • 1 reply
  • 10 views

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.

    Best answer by DaveF1006

    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.

    1 reply

    DaveF1006
    DaveF1006Answer
    Level 15
    February 28, 2021

    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.

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    JB491Author
    Level 2
    March 3, 2021

    Thank you DaveF1006, your response resolved the issue.