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hskoczen
New Member

On schedule c, health insurance. I see you can deduct Medicare B and D premiums. How about deducting Medicare Part A payments?

 
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HelenaC
New Member

On schedule c, health insurance. I see you can deduct Medicare B and D premiums. How about deducting Medicare Part A payments?

Medicare Part A premiums are not deductible if you're covered under Social Security or if you're a government employee who paid Medicare tax.

However, if you're not covered under Social Security (nor a government employee who paid Medicare tax) and you voluntarily enrolled in Medicare A, you can deduct those premiums.

Premiums for the other Medicare programs – Part B (supplemental medical insurance), Part C (Medicare Advantage), and Part D (voluntary prescription drug insurance) – are deductible.

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1 Reply
HelenaC
New Member

On schedule c, health insurance. I see you can deduct Medicare B and D premiums. How about deducting Medicare Part A payments?

Medicare Part A premiums are not deductible if you're covered under Social Security or if you're a government employee who paid Medicare tax.

However, if you're not covered under Social Security (nor a government employee who paid Medicare tax) and you voluntarily enrolled in Medicare A, you can deduct those premiums.

Premiums for the other Medicare programs – Part B (supplemental medical insurance), Part C (Medicare Advantage), and Part D (voluntary prescription drug insurance) – are deductible.

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