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hooton1
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Medicare premiums.. do I add?

Can I deduct Medicare premiums?
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2 Replies

Medicare premiums.. do I add?

Do you mean the Medicare premiums that are deducted from your Social Security?

 

If you receive Social Security benefits, your Medicare is deducted from your SS.   When you enter the SSA1099 for your Social Security, the amount paid for Medicare flows automatically to the medical expense section of the software, so do not enter it again.

 

 

Or do you mean an extra amount you pay out of pocket for a prescription drug plan, etc.?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Medicare premiums.. do I add?

For Medicare that is deducted from Social Security just enter the SSA-1099.  The Medicare will automatically go to Medical deductions if you have enough to itemize.  

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