August 4, 2019

Premiums for Medicare health insurance can add up to a substantial sum. That’s especially true if

  • you have high income, and

  • you’re married and both you and your spouse are paying premiums.

Fortunately, the premiums can potentially help your tax situation. The dollar benefit of Medicare tax deductions depends greatly on where you can deduct the premiums:

  • The business deduction produces the maximum t...

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