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Jvhuang
New Member

Can Medicare premium be deductible

I am retire

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DaveF1006
Employee Tax Expert

Can Medicare premium be deductible

Yes, they are considered a medical itemized deduction that can be claimed if you are able to itemize your deductions on a tax return. However, only the portion of your medical expenses that exceeds 7.5% of your adjusted gross income (AGI) is deductible.

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