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This refers to Medicare premium payments that were automatically taken out of your paychecks during the year. They should be listed on your W-2.

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Q: What does Medicare premiums withheld mean?
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Can a nursing home owner seek reimbursement from medicare for insurance premiums paid for laibility insurance?

No, Medicare does not reimburse liability insurance premiums.


What is the premiums for Medicare B?

112 month


Are medical premiums tax deductible?

medicare premiums tax deductable on federal tax form


Why is your part time employer withholding medicare ins pay?

Medicare is withheld from virtually all earnings.


Is FICA - Med withheld when a person is on Medicare?

I am over 65, and on Medicare. I am also still working, and being paid wages. FICA- Med is still withheld from my paycheck. You should expect that as well.


What year did seniors have to start paying for medicare?

Medicare started in 1965. It has always had premiums, co-payments and deductibles.


Who does not pay for Medicare?

Everyone who pays any type of federal tax pays for medicare- Therefore, anyone who pays no federal taxes, does not pay for medicare. CORRECTION: Medicare is funded by a payroll tax, paid by employers and employees, and by insurance premiums. It is not funded by income taxes or other sources. Therefore, persons who are not yet Medicare eligible or who are unemployed and those few who are employed but do not pay Medicare payroll taxes do not pay for Medicare.


Can you deduct withheld social security and medicare taxes from your Adjusted Gross Income?

No.


Who pays part b deductible?

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Can medicare tax be deducted from tax return?

I am not finding an answer to my question---Are the premiums on my medicare supplement tax deductable? Please help!


What will medicare part B premiums be in 2013 and in 2014?

Premiums for Part B will not be announced until after the election. Mr. Obama does not want any one to know because the premiums are going up and he wants to be reelected. Premiums going up (not just for Medicare, but individual [plans with their employers are all going up in spite of Obamacare, but he for sure does not want this increase in Medicare to be disclosed until after the election. At that point, he will not care.


Do all retirees pay the same for medicare?

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