turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dtbake6
New Member

My employer takes Out Medicare from my paycheck. Is this deductibles?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
PeterM
New Member

My employer takes Out Medicare from my paycheck. Is this deductibles?

Medicare taxes that are withheld from your paychecks are not deductible. However, if you are paying for Medicare Insurance Premiums, then yes, those premiums are deductible on Schedule A as an Itemized Deduction.

View solution in original post

1 Reply
PeterM
New Member

My employer takes Out Medicare from my paycheck. Is this deductibles?

Medicare taxes that are withheld from your paychecks are not deductible. However, if you are paying for Medicare Insurance Premiums, then yes, those premiums are deductible on Schedule A as an Itemized Deduction.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies