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✉news BusinessPersonal Finance first seen 10 h ago, last 4 h ago, peak #16

Earning $1 Over $109,000 Triggers $974 Medicare Surcharge

Original: $1 Over $109,000 on Your 2024 Return Costs $974 in Medicare Surcharges in 2026. Medicare Doesn't Round Down

Financial outlet 24/7 Wall St. warns that crossing the $109,000 income threshold on a 2024 tax return by even $1 can cost $974 in extra Medicare surcharges in 2026, because Medicare does not round income figures down. The item highlights how sharply cliff-based Medicare IRMAA penalties can hit middle-income retirees who nudge just past a bracket line.

Why now: Tax season is prompting people to check whether small income increases will trigger steep future Medicare premium surcharges

Medicare24/7 Wall St.IRS

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