From time to time I get asked the question “are Medicare premiums tax deductible?”, so I figured I’d write this quick post about the topic. Let me first start off by saying that I am not a CPA, tax preparer or tax professional in any capacity whatsoever. Since everyone’s tax situation is different, I strongly encourage you to seek the advice of a seasoned tax expert.
If you’re someone that takes the “standard” tax deduction, this may not be of much use to you but, if you’re someone that itemizes your tax deductions, I think you may find some very useful information here from the IRS website.
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