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Medicare payments are deductible if you itemize you taxes. If your standard deduction is larger than the itemized deduction, TurboTax will select the higher of the two.
The standard deduction amounts for 2024 are:
For 2024, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:
There have been many changes to the Itemized deduction limitations. Here are some of the limitations to Itemized deductions
You can also see: The difference between standard and itemized deductions, and what they mean
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