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Tax Law (Questions About Taxes)/Medicare & Supplement Insurance Premiums



Are insurance premiums for Medicare and supplement insurance considered as a "medical expense" and are tax deductible?

Thanks so much!


ANSWER: Kathy,

Thanks for your question.

Yes, those are considered medical expenses and are deductible medical expenses.  Of course, in order to deduct them your medical expenses must exceed the 7.5% (or 10%) threshold. And you must itemize deductions.

Hope this helps.

John Stancil, CPA

---------- FOLLOW-UP ----------

QUESTION: Thanks so much John, I really appreciate your getting back to me so quickly! I need a little clarity on "threshold" the insurance premiums total $1880 and I may have approx. $300 in "out of pocket" expenses. Is that within the threshold range? Yes, thank you, I always itemize.

My computer did something wierd, because when I clicked "add rating"  (which was a 10)and began to type my message, the page went back to your home page andI couldn't get back to it! :((

Thanks so much again and I'll be very careful not to screw up your rating next time. :)


I couldn't tell you a dollar amount for the threshold.  I presume you are 65 or over.  That means that you can only deduct medical expenses that exceed 7.5% of your adjusted gross income.

For example, if your AGI (line 37 of page 1 of the 1040) is $30,000, then 7.5% of that is $2,250.  You could only deduct medical expenses that exceed that amount.

Hope this helps.

John Stancil, CPA

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John Stancil, CPA


I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I am Professor Emeritus at Florida Southern College. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a CPA practice, specializing in tax, for over 35 years. I am a member of the National Association of Tax Professionals, The Florida Insititute of CPA's, The NCPE Fellowship. In addition I am a Certified Mentor for SCORE. Visit my website at I also offer seminars and consultations to churches and clergy on their tax issues at Also visit my blog, I am listed on Tax Connections at Prepare and file your own taxes at


I hold a doctorate in Accounting, and am a CPA. My certifications of CIA, CFM, and CMA are inactive. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I have operated a CPA firm for over 37 years and have taught accounting and tax at the college level for over 35 years.

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The CPA Journal, Florida CPA Today, Green Consumer, Green Business, Global Sustainability as a Business Imperative, Palmetto Review, NATP TaxPro Quarterly, Mustang Journal of Finance and Accounting.

DBA University of Memphis MBA University of Georgia BS in Accounting Mars Hill University

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