Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

My and I signed up dec 1 2015. They went back 3 years of…

Customer Question
My and I signed up...
My and I signed up for Medicare dec 1 2015. They went back 3 years of income tax ,and now the charge up to $331.00 for wife and $140.00 for me. I thought only 2 years is allowed. Thank you
Submitted: 2 years ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 16 minutes by:
2/18/2016
Tax Professional: Lev, Tax Advisor replied 2 years ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,970
Experience: Taxes, Immigration, Labor Relations
Verified

There might be several reasons - I just will mention some possibilities.

- an increase in income can result in higher Medicare Part B premiums 2 years after that year

- premiums for Medicare Part D (drugs plan) are also based on income and may rise.

- There are five Medicare premium brackets - see here

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

If you had a major life-changing event and your income has gone down, you may use this form to request a reduction in your income-related monthly adjustment amount.

https://www.ssa.gov/forms/ssa-44.pdf

Prepare this application and mail it to the SSA.P

lease let me know if that answered your question?

Ask Your Own Tax Question
Customer reply replied 2 years ago
Thank you will be back to you,can I call you and better explain?
Tax Professional: Lev, Tax Advisor replied 2 years ago

Yes - we may do phone call - that is only allowed by that site rules via Additional Service.
I will send you an offer - please review and accept.
If that doesn't work for you - we may continue conversation via this chat.

Ask Your Own Tax Question
Tax Professional: Lev, Tax Advisor replied 2 years ago

I am not sure if you overlooked my offer.

Please verify.

Otherwise - you may continue conversation on this page.

.

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 Tax Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tax professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Lev Your Own Question
Lev
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,970
32,970 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

Lev 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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,495 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,272 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
In preparation for MN income tax return, we noticed a
In preparation for MN income tax return, we noticed a discrepancy and would like to receive a transcript for the 2016 income tax return for MN. We have a POA on both spouses, thanks, … read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,238 satisfied customers
Is FICA and medicare considered part of federal income tax?
is FICA and medicare considered part of federal income tax? … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
1,043 satisfied customers
Do I have to file Fed Income Tax forms if the income of my
do I have to file Fed Income Tax forms if the income of my corporation is less than $5000 per year? … read more
Carter McBride
Carter McBride
LLM
1,132 satisfied customers
Supreme court's ruling on paying taxes on mans labor.
supreme court's ruling on paying taxes on mans labor … read more
Carter McBride
Carter McBride
LLM
1,132 satisfied customers
If adjustment to income for a contribution to a traditional
Hello. If adjustment to income for a contribution to a traditional IRA is disallowed due to too much gross income and the contribution is not withdrawn by the filing date, can that excess be put on a … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,272 satisfied customers
VA form asks for adjusted gross income (disability form). We
VA form asks for adjusted gross income (disability form). We file joint; can we separate his income from mine for the form? How? … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
Looking for estimated tax rate for 500,000 income in 2017.
looking for estimated tax rate for 500,000 income in 2017 … read more
Richard
Richard
Tax Attorney
Doctoral Degree
4,495 satisfied customers
Community property adjustments, Spouse is negative in income
community property adjustments, Spouse is negative in income after deductions and expenses, how can I input this? … read more
abci168
abci168
Principal
27 satisfied customers
This is regarding income assignment. As a rule, I know that
This is regarding income assignment. As a rule, I know that income reported in my clients personal ssn cannot be assigned to the s-corp they own, but what if it's not an s-corp? What if it's an llc wi… read more
Carter McBride
Carter McBride
LLM
1,132 satisfied customers
Adjusted gross income of 79084, single, over 65. How much is
adjusted gross income of 79084, single, over 65. How much is my tax … read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,238 satisfied customers
According to federal income taxes rules, can a non-
According to federal income taxes rules, can a non- custodial parent fund a bank account with pre-tax dollars to pay child support … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,272 satisfied customers
My adjusted gross income is $13,539. $8560 from a pension
My adjusted gross income is $13,539. $8560 from a pension from my ex-husband, $14204 from SS and $4706 from a bank I retired from which I will no longer be receiving. Do I need to pay taxes on my Soc … read more
Lev
Lev
Tax Advisor
32,970 satisfied customers
What is the tax benefit rule? What is the Tax Benefit Rule?
What is the tax benefit rule? JA: The Accountant will know how to help. Please tell me more, so we can help you best. Customer: What is the Tax Benefit Rule? JA: Is there anything else important you t… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
How to prepare form 8824 for vehicle purchase with a trade
how to prepare form 8824 for vehicle purchase with a trade in that is 35%business use on old truck and new truck … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
1,043 satisfied customers
Looking for a checklist in preparing tax for tax preparers.
looking for a checklist in preparing tax for tax preparers … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am preparing the form 8949, to report the estate's
I am preparing the form 8949, to report the estate's fractional share of a real estate sale. I have some questions regarding the preparation of the form.1. Part ii, 1(b) asks for the date acquired - i… read more
Lev
Lev
Tax Advisor
32,970 satisfied customers
Where on Form 1120S is a Sec 481(a) adjustment (from a Form
Where on Form 1120S is a Sec 481(a) adjustment (from a Form 3115 accounting change) reported? Does this affect Sch. M-2? If so, how?… read more
Carter McBride
Carter McBride
LLM
1,132 satisfied customers
Assuming a Medicare tax rate of 1.45% and monthly gross
Assuming a Medicare tax rate of 1.45% and monthly gross wages of $2,500, the amount recorded in Medicare Tax Payable for one quarter for the employee's payroll deduction is… read more
taxmanrog
taxmanrog
Master\u0027s Degree
968 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