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I understand that Medicare Part B premiums are deductible as a medical expense, but I don't know if the Soc. Sec. 1099 will show a gross earnings including the premium.

2006-11-06 01:09:42 · 2 answers · asked by Mema and Bampa 1 in Business & Finance Taxes United States

2 answers

Yes, the social security amount that is potentially taxable depending on your other income is the gross, including the medicare premiums.

2006-11-06 01:33:06 · answer #1 · answered by Judy 7 · 0 0

All income including social security is used to calculate medicare expense. If you have over $1000? medical expenses the fee is waived.

2006-11-06 14:50:05 · answer #2 · answered by auntynoall 4 · 0 0

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