Are Medicare Premiums Tax-Deductible for Recipients?

Christian Worstell
In this article...
  • If your deductible dental and medical expenses for the tax year are greater than 7.5% of your adjusted gross income

You can potentially save money on your income taxes by deducting the amount you pay toward your Medicare coverage each month. However, the ability to take this deduction depends on your overall income and other factors.

When Are Medicare Premiums Tax Deductible?

To find out if you can deduct your Medicare premiums, you need to know your adjusted gross income and the total amount of your deductible dental and medical expenses for the tax year. If these expenses are more than 7.5% of your adjusted gross income (AGI), you can deduct your Medicare premiums by submitting Form 1040, Schedule A when you file your tax return. 

Let's look at an example. If your AGI is $50,000, your Medicare premiums become deductible once you spend at least $3,750 on eligible medical and dental costs for the year. You can subtract the deductible amount from your total taxable income, which means you'll pay lower income taxes.

Keep in mind that you can only take advantage of this tax benefit if you itemize your deductions, not if you take the IRS standard deduction. In addition, even when your Medicare premiums are deductible, you can only deduct premiums you pay for Medicare Advantage, Supplement, Part A, Part B and Part D plans. You can't deduct Original Medicare premiums. 

If you're self-employed and receive Medicare, special rules apply. You can deduct the entire amount of your premium payments for the year if the IRS classifies you as a partner in a business, sole proprietor or independent contractor.

What Other Medicare Costs Are Tax-Deductible?

In addition to your premiums, you might also be able to deduct other medical and dental expenses as a Medicare beneficiary. Examples include:

  • Medical supplies and equipment
  • Preventive care services
  • Diagnostics, such as lab and tests
  • Treatment for an injury or illness
  • Transportation costs for travel to medical appointments
  • Home renovations to accommodate durable medical equipment
Christian Worstell
About the Author

Christian Worstell is a senior Medicare and health insurance writer with He is also a licensed health insurance agent. Christian is well-known in the insurance industry for the thousands of educational articles he’s written, helping Americans better understand their health insurance and Medicare coverage.

Christian’s work as a Medicare expert has appeared in several top-tier and trade news outlets including Forbes, MarketWatch, WebMD and Yahoo! Finance.

While at HelpAdvisor, Christian has written hundreds of articles that teach Medicare beneficiaries the best practices for navigating Medicare. His articles are read by thousands of older Americans each month. By better understanding their health care coverage, readers may hopefully learn how to limit their out-of-pocket Medicare spending and access quality medical care.

Christian’s passion for his role stems from his desire to make a difference in the senior community. He strongly believes that the more beneficiaries know about their Medicare coverage, the better their overall health and wellness is as a result.

A current resident of Raleigh, Christian is a graduate of Shippensburg University with a bachelor’s degree in journalism. You can find Christian’s most recent articles in our blog.

If you’re a member of the media looking to connect with Christian, please don’t hesitate to email our public relations team at

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