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Returning Member
posted Jan 20, 2023 6:47:59 PM

How do I enter a Medicare Part B Premium refund amount and the withheld tax amount

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5 Replies
Level 15
Jan 20, 2023 8:34:17 PM

You wouldn't need to enter a refunded amount to Medicare Part B, since they simply refunded an amount you overpaid.

 

But tax withheld?  I don't understand.  Did you receive a tax document reporting the refund and tax withheld?

Returning Member
Jan 21, 2023 5:05:36 AM

When the Social Security Administration refunded the Part B premium, they withheld Federal income taxes. That amount of tax was not included on the SSA statement. Nor was the refund included on the 1099. 

Level 15
Jan 21, 2023 3:58:26 PM

@bogeyman62 So here's what must have happened:

Your Medicare Part B payment was withheld from your SS payment pre-tax.  So when they refunded it, they withheld the tax that would have been due on the amount of your refund.  (Based on what calculation...I have no idea).

 

I'm assuming you haven't received any type of tax document (separate from you SSA-1099) relating to this refund/tax withholding.  There must be some way to report, at least, the income tax withheld.  

 

All I can advise is that you contact your local SSA office for instructions on how to handle this issue.  

Level 15
Jan 21, 2023 4:15:50 PM

Why did SSA refund the Part B?  That doesn't sound right.  Did you maybe get reimbursed for it on your retirement checks?  My retirement reimburses me for it.  Or were they taking out too much based on a prior year AGI?  Then your income went down?  

Returning Member
Jan 21, 2023 5:08:19 PM

It was an AIG reduction. I have no idea why they withheld income taxes. The SSA 1019 did not reflect either the reduced Part B premium or the extra withheld income taxes.