Yes, Part B premiums are tax deductible under specific circumstances. If you itemize your deductions on your tax return, you can include your Medicare Part B premiums as a medical expense.<\/p>\n
Medicare Part B premiums are considered a medical expense and thus can be deducted from your taxes. However, there are certain requirements and limitations to be aware of when claiming this deduction. To be eligible for this deduction, you must itemize your deductions on your tax return, and your medical expenses must exceed a certain percentage of your adjusted gross income (AGI).<\/p>\n