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I am 68 years old. I have been receiving Social Security
I am 68 years old. I have been receiving Social Security since I became 65. I have not stopped working and am still working full time and pay into social security and medicare. I have not received a r… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
2016 income reported was higher than normal because we sold
2016 income reported was higher than normal because we sold a rental property. My SS benefits went from $2536 in 2017 gross, to $2586.90 gross starting January 2018. I just filed 2017 federal tax and … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Medicare is deducted from my wages so why is the medicare
Medicare is deducted from my wages so why is the medicare premium deducted from my Social security monthly benefit? … read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
859 satisfied customers
My social security benefits are reduced by an IRMAA based on
My social security benefits are reduced by an IRMAA based on my 2016 income tax return. Am I taxed based on my gross "monthly benefit amount" or on the net amount after the IRMAA? Same question with r… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
The social security information I received in December
the social security information I received in December states I am to receive a 2.0% increase in 2018. Because of the cost of living. … read more
Carter McBride
Carter McBride
LLM
1,337 satisfied customers
Why did I get a 2.0% raise, my medicare deduction is 104.00
why did I get a 2.0% raise, my medicare deduction is 104.00 right now, and my medicare deduction is going up to 126.00, taking away the raise? … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I just received my new benefit form from SS indicating the
I just received my new benefit form from SS indicating the 2% increase. My concern is the deduction for Medicare medical insurance. It was raised from $109.00 to $134.00 per month. Just prior to recei… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
How will new tax bill affect social security medicare and my
how will new tax bill affect social security medicare and my pension? … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
We sold a property last year ,we paid capital gain and
Hi.We sold a property last year ,we paid capital gain and completed the annual tax.This year we received a letter from S. S. D. saying that because of our income were increased s.s.d.were cutting $225… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
The agent I just spoke with reviewing my SS retirement app
The agent I just spoke with reviewing my SS retirement app for benefits mentioned something about a 10K bonus for something that I didn't catch the meaning of. I was eligible for full benefits beginni… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
State of MN is taking a part of lake home property in a
State of MN is taking a part of lake home property in a permanent lien. How will this affect my taxes, social security and medicare? … read more
TaxWhisperer
TaxWhisperer
Principal
Master's Degree
24 satisfied customers
Received mail from SSA dated 11/23/2016, claim Number,
Received mail from SSA dated 11/23/2016, claim Number,###-##-#### advising of monthly deduction for Medicare Plan B of$267.90, an increase of $55.09 and a new deduction for Medicare Part D IRMAA of $3… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
My social security amount is low already. ($611.00). Soon
My social security amount is low already. ($611.00). Soon (Dec) I will receive Medicare. Part A. I was informed that I must take part B and have the $121.00 taken from my S.S. Each month. That leaves … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
Ok my friend has 2 deceased husbands and is over 70 now. The
ok my friend has 2 deceased husbands and is over 70 now. The second just passed away recently. She is receiving the first husbands social security survivor payment and her 2nd husband was a teacher an… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
My husband and I have the same prescription drug coverage.
My husband and I have the same prescription drug coverage. Mine is deducted from my check for $1308 last year. His we pay by bank draft for $70.40 a month. He also had $615 deducted from his check for… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
My Social Security benefit this year will be nearly $10 a
My Social Security benefit this year will be nearly $10 a month LESS than last year. I do realize there's no COLA this year--but why should my social security check shrink from last year? I'm 74 years… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
About prescription drug coverage beginning in 1993, I am being
About prescription drug coverage beginning in 1993, I am being charged a monthly premium for my premium for medical insurance added on to an LEP charge for not having part D insurance… read more
Shawn P. Adamo
Shawn P. Adamo
CEO
Bachelor's Degree
18 satisfied customers
my SSA-1099 shows Medicare Prescription premiums deducted from
my SSA-1099 shows Medicare Prescription premiums deducted from my benefit. I pay United Health care for this benefit. Why is it being deducted from my social security as well?… read more
tax-doctor
tax-doctor
Managing Partner
196 satisfied customers
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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.

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