Talk of The Villages Florida - View Single Post - Annual income vs Medicare costs
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Old 01-19-2023, 07:29 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by HJBeck View Post
I read somewhere that the IRMAA adjustment is a two year thing, not a one year thing. Was that information wrong?
Your information is correct. The income reported for 2021 would affect your Medicare premium for 2023. Your 2022 income would not even be known to the IRS until you filed your 2022 tax return on April 15, 2023.