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February 6, 2022

Happy Senior Couple Reviewing Documents

Is Medigap Insurance Tax Deductible?

If you have Original Medicare along with a Medigap insurance plan, your Medigap premiums are tax-deductible. They are treated as a medical expense on Form 1040, Schedule A, Itemized Deductions and subject to the same guidelines as any other medical expense in this category. As with other medical expenses, to

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