John M. Hoffman & Associates CPAs

Frequently Asked Tax Questions

Social Security Benefits

 

• "Are social security benefits subject to income tax?"

• "Do you suggest that I have federal taxes withheld from my social security benefits?"

• "Are the Medicare premiums deductible as health insurance or medical costs?" 

• "I received some notice from social security about what I have earned and paid in over the years and what my future benefit may be. Should I do anything with this?"