Instructions to Form 1040 Confirm IRS Position that Medicare Part B Premiums are Deductible as Self-Employed Health Insurance Premiums

by

In a reversal of their long-standing position, the IRS has confirmed that Medicare Part B premiums can be deducted as self-employed health insurance premiums.  The change in position seems to have originally been noted from a review of the 2010 Form 1040 instructions.

Spidell Publishing has confirmed the position with the IRS be email.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: