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PoindexterOglethorpe

(28,493 posts)
7. If you are on Medicare but still working and not getting Social Security,
Tue Nov 29, 2016, 03:32 PM
Nov 2016

you pay the Medicare Part B out of your pocket. Once you're collecting SS, they make it easy by deducting that from your SS payment.

I know. I signed up for Medicare a year or more before I started collecting SS. So it is income to you. In your case, $206/month, a whopping $2472/year is what you pay for the Part B coverage. Quite a bargain, given what most people pay for equivalent coverage.

So if you have enough income you pay taxes. And you need to pay for the Part B coverage, no matter where the money comes from.



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