Are you age 65 and older and have basic Medicare insurance? You may need to pay additional premiums to get the level of coverage you want. The premiums can be expensive, especially if you’re married and both you and your spouse are paying them.

a stethoscope lying on a table; image used for blog post about writing off Medicare premiums

But there may be a bright side: You may qualify for a tax break for paying the premiums.

Continue Reading Writing Off Medicare Premiums on Seniors’ Tax Returns