Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community

3 replies

Critter-3
Critter-3
May 3, 2021

NO ... medicare tax withheld from your wages is not insurance premium. 

X
xmasbaby0
Employee
May 3, 2021

Are you asking about the Medicare that is withheld from your paycheck and that is on your W-2?   No, that is NOT a medical insurance premium.  You do not enter anything about that except for when you enter it from your W-2.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
T
ToddL99
May 3, 2021

No, Medicare taxes withheld from your W-2 wages are not considered medical insurance premiums - they are taxes.

 

If you are receiving Medicare benefits, however, Part B, C and D premiums are deductible medical insurance premiums.

 

TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification