Social Security Questions? Ask a Social Security Expert
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Social Security retirement and disability (except for SSI) benefits are not adjusted due to income. Medicare premiums, however, due get adjusted if you AGI is greater than a certain threshold found on your prior year tax returns. If you had a large capital gain due the home sale, your Medicare premiums might have likely increased. However, Medicare adjust premiums each year, so if in the following year you had much less income, your Medicare premiums will be adjusted down (probably to what they were before). You can open an online account at https://ssa.gov/myaccount/ and select the "Sign in or Create an Account" button. This will enable you to see your Social Security benefit information and any deductions for Medicare premiums.
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