Re: Re Social Security, is the Part B deduction considered a penalty or a tax?

Welcome back! Ask questions, get answers, and join our large community of tax professionals.

Re Social Security, is the Part B deduction considered a penalty or a tax?

2 Comments 2

"Part B" is Medicare, not Social Security.

So, the answer to: "considered a penalty or a tax?"

is: Neither.

It's Health Insurance.

*******************************
Don't yell at us; we're volunteers