Social Security

Ask social security questions and get answers ASAP

Ask an Expert,
Get an Answer ASAP!

If I am self Employed and on Medicare and a Medicare

Customer Question
Advantage plan and have not...
If I am self Employed and on Medicare and a Medicare Advantage plan and have not been able to pay my premiums for the past six months, what are my options to get back on track? My business is not doing well and I turned 65 last September when I enrolled.
Submitted: 2 years ago.Category: Social Security
Show More
Show Less
Ask Your Own Social Security Question
Customer reply replied 2 years ago
I am paying Medicare 133 and myMedicare Advantage 141. Is that the right way it is to work? Am I able to pay Medicare Advantage only?
Customer reply replied 2 years ago
I also have a questions about my Social Security. My wife died in 2005 and it is my understanding I am able to draw off her social security as well. If i am still working, can I start collecting from her benefits while I am working? I am in a terrible financial hardship right now so I am looking at all options.
Answered in 41 minutes by:
3/5/2016
Social Security Expert: lev-tax, Tax Advisor replied 2 years ago
lev-tax
lev-tax, Tax Advisor
Category: Social Security
Satisfied Customers: 33,270
Experience: Taxes, Immigration, Labor Relations
Verified

First of all - yes - if you have unpaid premiums - you should pay them as soon as possible.

Because you are self-employed - you may deduct Medicare premiums as an adjustment to your income - however that deduction is limited by the net self-employment income. That means - if you realize losses from self-employment activity - there is no deductions.

Ask Your Own Social Security Question
Social Security Expert: lev-tax, Tax Advisor replied 2 years ago

.

Medicare premiums depends on your income - see following publication

https://www.ssa.gov/pubs/EN-05-10536.pdf

page 9 - Individuals with a MAGI of $85,000 or less - in 2016 have standard premium=$121.80

Medicare Advantage plan premiums depend on your provider and options you selected - so these may vary.

.

I appreciate if you take a moment to rate the answer.
Experts are ONLY credited when answers are rated positively.
If you still have any doubts, need clarification - please be sure to ask.
I am here to help you with all tax related issues.

Ask Your Own Social Security Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a social security expertLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask lev-tax Your Own Question
lev-tax
lev-tax
lev-tax, Tax Advisor
Category: Social Security
Satisfied Customers: 33,270
33,270 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

lev-tax is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

dylatess

dylatess

ATTORNEY

3,467 satisfied customers

37 plus years of SSD practice

Megan C

Megan C

Certified Public Accountant (CPA)

4,582 satisfied customers

Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level

LawTalk

LawTalk

Attorney

3,071 satisfied customers

I have 30 years of legal and litigation experience, including representing clients before the U.S. Social Security Administration.

R. Klein, EA

R. Klein, EA

Accountant

334 satisfied customers

Tax & Social Security Benefits specialist

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

233 satisfied customers

Licensed in multiple jurisdictions, experienced business attorney.

AttorneyTom

AttorneyTom

Attorney

16 satisfied customers

Attorney

Stephanie O Joy, Esq

Stephanie O Joy, Esq

Soc. Sec. Attorney

3,283 satisfied customers

22+ years legal exp. - 12+ years owning/operating her own SSD Law practice.

< Previous | Next >

Related Social Security Questions
I have both plans A & and pay over $200.00 a month for
I have both plans A & B and pay over $200.00 a month for coverage. I would like to know why is the amount so much and what am I covered for? Do you need my ss number? … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Not sure exactly how all this works but willing to give it a
Hello, Not sure exactly how all this works but willing to give it a try to better understand what is before us, in regards ***** ***** Security. We are trying to be prepared and have a better understa… read more
lev-tax
lev-tax
Tax Advisor
Bachelor's Degree Equivalent
33,270 satisfied customers
I turned 65 September 10. I went on my husband's health
I turned 65 September 10. I went on my husband's health insurance. I was told yesterday by a friend that I need to go ahead and sign up for medicare or else I will be blocked from some benefits. Can y… read more
lev-tax
lev-tax
Tax Advisor
Bachelor's Degree Equivalent
33,270 satisfied customers
My wife will soon enroll in medicare.reach, How will her
How will her Medicare be paid for; she is enrolled in "Tricare for Life" … read more
lev-tax
lev-tax
Tax Advisor
Bachelor's Degree Equivalent
33,270 satisfied customers
I am 68 yrs. old. I have had complete health coverage thru
I am 68 yrs. old. I have had complete health coverage thru my husbands employer and have had it uninterrupted since 1998. Medicare deduction has been ongoing since my 65th birthday. I'm not using Medi… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
My wife began collecting social security prior to her 65th
My wife began collecting social security prior to her 65th birthday.When she turn 65, a Medicare premium started being deducted from her SocSec payment (July, 2012) However, I was still employed and h… read more
lev-tax
lev-tax
Tax Advisor
Bachelor's Degree Equivalent
33,270 satisfied customers
S 65 but only have part a as my husband has insurance on me
s 65 but only have part a as my husband has insurance on me and i still work as well i was told i have to have part b now also is that true … read more
lev-tax
lev-tax
Tax Advisor
Bachelor's Degree Equivalent
33,270 satisfied customers
I recently turned 65 years old (Nov 1, 2016) I am still
I recently turned 65 years old (Nov 1, 2016) I am still working full time and have full medical coverage through my workplace. Is it necessary for me to register now for Social Security//Medicare ?? o… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,641 satisfied customers
As a Pastor I was given terrible advice and opted out of the
As a young Pastor I was given terrible advice and opted out of the Social Security Program with a form 2341. What can I do if anything to at least qualify for Medicare or get back in the Social Securi… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
1,381 satisfied customers
I am 74 years old and still work 40 hrs. per week and am
I am 74 years old and still work 40 hrs. per week and am drawing Social Security. I currently have health insurance where I am employed. Am I eligible for Medicare B?… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
I am 66 and am still working full time and earning a six figure
I am 66 and am still working full time and earning a six figure income in a job with full health benefits. I have not signed up with Medicare or applied for Social Security benefits. I prefer not to g… read more
Dimitry K., Esq.
Dimitry K., Esq.
Attorney
Doctoral Degree
233 satisfied customers
I am 68 years old. I am currently working and have health
I am 68 years old. I am currently working and have health insurance through my employer. My birthdate is November 22, 1943 and I started receiving my social security benefits when I turned 66. At that… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
4,582 satisfied customers
I am on Social Security Disability, and was under the idea I
I am on Social Security Disability, and was under the idea I was covered by Medicaid; I turn 65 in June, and was notified by my primary care physician's office, I have been on Medicare, Part A and B s… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
4,582 satisfied customers
Can the wife (spouse) of a Sole Proprietor receive Medicare
Can the wife (spouse) of a Sole Proprietor receive Medicare at age 65 if she helped her husband with the business but appears to not have worked or had an income. She was not an employee or owner and … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
My wife is in the window for applying for Medicare (birthday
My wife is in the window for applying for Medicare (birthday is XXXXX 18, 1947). We tried to sign up on line. The program wouldn't let her sign up with out taking social security and she doesn't wish … read more
Charles Greiner
Charles Greiner
Owner
Bachelor's Degree
2,436 satisfied customers
Can you be on social security, not pay medicare insurance because
Can you be on social security, not pay medicare insurance because you work and have private medical insurance?… read more
TaxTom
TaxTom
Accountant
Bachelor's Degree
14 satisfied customers
I am 68 and on Medicare A and B. I am moving to Quito where
I am 68 and on Medicare A and B. I am moving to Quito where I can, if and when necessary, receive excellent U.S. quality medical care at significantly lower cost. If I quit Medicare to save the severa… read more
TaxTom
TaxTom
Accountant
Bachelor's Degree
14 satisfied customers
Actually this is a medicare question. I am going to turn 65
Actually this is a medicare question. I am going to turn 65 on Dec. 25 2011. Currently I am semi retired as a substitute part time teacher not receiving much income. I am currently not receiving socia… read more
KUMI95
KUMI95
Attorney
Doctoral Degree
17 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x