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Medicare Premiums, in Both Business section and Personal section?

Forum|Forum|6 years ago
July 19, 2019
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I’m using the Home & Business 2018. When using the step-by-step format, I see an amount in Personal > Deductions and Credit > Medical > Medical Expenses. I see that it includes the premiums for Medicare Part B that were deducted out of my social security payments. Even though I didn’t enter that amount in this section.

These premiums were also included also included in Business > Business income and Expenses > Less common Business Situations > Self-Employed Health Insurance (which I think end up in Schedule C).

Are these premiums supposed to show up in both places?

Best answer by Bsch4477

Your error was in reporting your Medicare premiums when you entered your SSA-1099. When you did that the program automatically sent that amount to your Sch A. Correct it by going back to that form and deleting the amounts subtracted from your social security payments.

B

Bsch4477Answer

Employee

Your error was in reporting your Medicare premiums when you entered your SSA-1099. When you did that the program automatically sent that amount to your Sch A. Correct it by going back to that form and deleting the amounts subtracted from your social security payments.

VolvoGirl

Employee

Medicare plan B payments are qualified as Self-employed medical insurance premiums and should be entered under Business instead of in the Social Security Benefits entry area.