2932953
On medicare all of 2022.
Also have Ins premiums taken out of retirement .
Where do I apply premiums I paid out all year on my taxes?
They don't show anything on my 1099-R neither.
Sch A isn't used because Standard is higher.
But, I do a Sch F.
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Yes, both your Medicare premiums and the premiums that you pay from your retirement income (assuming they are included in your taxable benefits), are eligible to be deducted as self-employed health insurance or as medical expenses.
Since you have a Schedule F and normally do not itemize, you should enter this as self-employed health insurance.
This is where you enter it:
This deduction is subject to income limits, so if you have a loss on your farm, your deduction will be $0. Click here to learn more.
When I applied my health Ins premium on my Sch F it took it to Sch 1 but line 17 and total on the page is zero .
So nothing is counting.
Also. It didn't effect my (Losses) on Sch F .
Also, it didn't lower what I owe on taxes .
Line 17 of schedule 1 is where the self-employed health insurance deduction you mention should show on your tax return. You can't deduct the health insurance if you have a loss on your farm activity, however, so I beleive that is why you are not getting the deduction.
So there is know other way to report my health Ins premiums if I can't use Sch A, & Sch F has (Losses).
Yes, that is correct.
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