Thanks. I understand. My total benefit (in Box 5) is taxable at whatever tax rate applies to me. In my case, I will pay tax on 85% of that entire benefit in Box...
Got it. Medicare premiums paid by Social Security on my behalf (because the amount is automatically deducted from my Social Security Benefits) are paid to Medic...
Well, my total Soc Sec Benefits will include my Medicare, so if box 5 includes all benefits from Social Security (including Medicare), then it sounds like my Me...
Thanks. So Bsch4477’s reply that “You are taxed on your total social security income” really means “You are taxed on your total social security income minus Med...
