EVENT DESCRIPTION
Medicare premiums have a complex relationship with the income tax system as deductions vary for itemized deductions, self-employed individuals, and IRMAA penalties for high prior year AGI. This course defines the types of Medicare coverage, their premiums and penalties, their tax deductions and coverage.
EVENT OBJECTIVE
We will discuss qualifying for and when and how to sign up for Medicare, types of coverage and choices, penalties for late signup, IRMAA penalties based on AGI, premium deductions. We will also go over non-covered items and Medicare supplemental policies, costs and deductions.
EVENT DETAILS
Company:
TaxSpeaker
Number of Hours:
1 (Recommended)
Prerequisite:
Knowledge of Tax Law Regulations
Program Level:
Update
Knowledge Level:
Intermediate
Delivery Method:
Group-Live
Number Of Days:
Food Included:
Beverages
Seminar Number:
Early Cut Off Date:
01/01/1970
Phone:
Venue:
,
Accommodations:
,
Recommended For:
CPA (1), EA (1), Maryland Preparer (1)
Approved By:
NASBA, IRS, State of Maryland