Get SSA-44 2016

What Is Form SSA-44? Form SSA-44 is a form provided by the Social Security Administration (SSA) that you can use to apply for a reduction in your IRMAA.

A life-changing event is connected with the Income-related Monthly Adjustment Amount (IRMAA). A major event can significantly decrease a person's income and that can affect the premium he or she will pay for Medicare Part B, medical insurance.

Unlike late enrollment penalties, which can last as long as you have Medicare coverage, IRMAA is calculated every year. You may have to pay the adjustment one year, but not the next if your income falls below the threshold.

2020 IRMAA is calculated using the most recent tax returns available to the IRS - this would be your 2018 tax returns that were filed in 2019. What is considered income: "Income" for purposes of IRMAA is defined as MAGI or Modified Adjusted Gross Income.

Combined Medicare Part B premiums and IRMAA surcharges will range from $220.40 per month to $491.60 per month per person in 2020. High-income Medicare beneficiaries are also subject to monthly surcharges for their Medicare Part D prescription drug plans.

You should fill out Form SSA-44 if you experience any life-changing event that reduces your income. Life-changing events that qualify are marriage, divorce, death of a spouse, work stoppage, work reduction, loss of income-producing property, loss of pension income and employer settlement payment.

Marriage. Divorce. Death of spouse. Work termination or reduction. Loss of income-producing property. Loss or reduction of pension income (as a result of plan termination) Employer settlement payment (as a result of closure, bankruptcy or reorganization)

To request a new initial determination, submit a Medicare IRMAA Life-Changing Event form or schedule an appointment with Social Security. You will need to provide documentation of either your correct income or of the life-changing event that caused your income to decrease.

Combined Medicare Part B premiums and IRMAA surcharges will range from $220.40 per month to $491.60 per month per person in 2020. High-income Medicare beneficiaries are also subject to monthly surcharges for their Medicare Part D prescription drug plans.

An SSA-1099 is a tax form we mail each year in January to people who receive Social Security benefits. It shows the total amount of benefits you received from Social Security in the previous year so you know how much Social Security income to report to IRS on your tax return.