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20 Essential Tax Breaks Every Senior Should Know About

June 22, 2020 · Personal finance

Medicare Deductions

As the money for Medicare Part B and Medicare Part D prescription plan premiums come out of your pocket, seniors can rest assured that they are also deductible. This is also because they are considered medical expenses, too.

So if you’re worried about your health as well as expenses as you age, at the very least you’ll be able to thank some deductions for not having to spend all your money.

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