Medicare & Medigap Premiums

Oct 09, 2012 2 Replies

Are Medicare Parts B/D and Medigap premiums deductible as a self-employment health insurance expense on Schedule C?



Nancy


Hmmm. Most people ask if these premiums ae deductible as SEHI on page 1 of the 1040. If that was the question, yes they are.

There was a discussion of this issue in this newsgroup earlier this year. Some people claimed that under appropriate circumstances Medicare Part B premiums were deductible on Schedule C where they reduced SE tax. Otherwise, they can be deducted on Page 1 of Form 1040 as noted in Art Kamlet's answer. See

for more details.

Dilip Sarwate

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required