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Taxing Medicare Benefits
In a recent post, I discussed the nontaxation of imputed rent – the income homeowners receive from themselves by virtue of being both landlord and renter – which, judging by the comments, many readers found bizarre. In my continuing series on tax expenditures, this week I want to discuss another form of income that few people recognize as being “income” – the nontaxation of Medicare benefits. Read more.
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