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


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.


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