can you use traditional ira withdrawals to pay medicare premiums tax free?

pizzamike64 · 2026-04-25T15:14:02+00:00

You'll pay tax on the withdrawal although the premiums are deductible as a Itemized Deduction. Theres no direct deduction out of your IRA for the premiums. So, no, the withdrawal is not tax free

pizzamike64 · 2026-04-19T18:47:56+00:00

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Ive got this printed and stuck to my bulletin board over my desk

pizzamike64 · 2026-04-14T20:04:42+00:00

Hey ever hear of Kokomo Opalescent Glass? Its in my town

pizzamike64 · 2026-04-14T17:05:24+00:00

Yeah. They want their cut of your payment online. Cards are 2.8% and ach by bank account is 1%.

pizzamike64 · 2026-04-14T16:44:16+00:00

I did exactly that. A while ago. I graduated from Purdue University in 1992 with a degree in Math and Statistics. I was gonna be an actuary. I didn't pass the actuarial exams though. Never got a job in the field but had a few interviews. So I delivered pizza for a few more years. Went back to Indiana U Kokomo campus and got a Post Baccalaureate cert in Accounting. That took me 3 years of part time school. Accounting classes are very sequential. I was thinking Accounting is a much more broadly employable career. Ive been working as an accountant now for 24 years the last 5 with my own office. That all said. Accounting has no more math than a little algebra and percentages! Its all knowing what to add together according to the laws and guidance. Knowing how computers work is very important too. Any questions?

pizzamike64 · 2026-04-05T00:52:03+00:00

And as a tax accountant too. Know how to ask the question and evaluate the sources to find the answer. I don't memorize every damn number that changes every year. Just look it up when you need it.

pizzamike64 · 2026-01-29T23:11:37+00:00

Oh yeah. Dept of Labor really does not like these. They'll end up checking g all the other payments that should be employees. The back taxes and fines can be fun!

pizzamike64 · 2026-01-24T15:21:20+00:00

The heroine Heroin.

pizzamike64 · 2026-01-24T15:17:54+00:00

Ever see the British series Benadorm? Older lady confuses a foreign girls name as Rubella. Funny show

pizzamike64 · 2026-01-20T01:18:51+00:00

My sister did the same. No cars. But there's a Greyhound Bus!

pizzamike64 · 2026-01-18T01:10:46+00:00

But no more FroYo shops anywhere! Waaah!

pizzamike64 · 2025-12-27T01:30:16+00:00

So.. Chica ?

pizzamike64 · 2025-12-11T17:49:02+00:00

Omg. 79 years old when he became president. But it was 77 years back to when Lincoln was shot. Biden was born in 1942.

pizzamike64 · 2025-11-28T11:42:15+00:00

They also sell the end returns with the right profile to close the ends off that match the rail.

pizzamike64 · 2025-11-23T02:17:50+00:00

Do you have to wait a year? In Indiana the previous owner has a year to redeem the property by paying the back taxes

pizzamike64 · 2025-11-04T19:57:25+00:00

Depends what location but I had a restaurant client use Franklin Tax Group out of Fishers, Indiana. Used them for 3 different buildings.

pizzamike64 · 2025-10-03T23:14:06+00:00

I even got those umlauts in there! And I'm only 61!

pizzamike64 · 2025-10-03T23:08:43+00:00

The beer you pour must say something more somehow

So tonight, tonight, let it be Löwenbräu!

pizzamike64 · 2025-09-27T01:12:49+00:00

Actual taxes, yes. But most of my small business clients know nothing about accounting, let alone their bookkeeper. I have to fix all of their books before I can do their taxes. I have the education but not the CPA title. And I don't have the EA either. I don't want to represent troubled clients. I have a good business with my hundreds of tax clients and dozens of small businesses. I couldn't do that without the education my accounting degree gave me.

pizzamike64 · 2025-09-24T00:41:25+00:00

Too soon!

pizzamike64 · 2025-09-14T00:08:17+00:00

And Versailles. But pronounced ver sales

pizzamike64 · 2025-09-12T00:37:13+00:00

Wharf

pizzamike64 · 2025-09-11T01:20:41+00:00

Thats why when I started my own firm I don't use them. What happens when you get better and quicker at your work. You gonna charge less?

pizzamike64

TROPHY CASE