Part B-Income Related Adjustments
Most people will pay the standard premium amount. If your modified adjusted gross income is above a certain amount, you may pay an Income Related Monthly Adjustment Amount (IRMAA). Medicare uses the modified adjusted gross income reported on your IRS tax return from 2 years ago. This is the most recent tax return information provided to Social Security by the IRS.
The standard Part B premium amount in 2019 is $135.50. Most people will pay the standard Part B premium amount. If your modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you'll pay the standard premium amount and an Income Related Monthly Adjustment Amount (IRMAA). IRMAA is an extra charge added to your premium.
|If your yearly income in 2017 (for what you pay in 2019) was||You pay each month (in 2019)|
|File individual tax return||File joint tax return||File married & separate tax return|
|$85,000 or less||$170,000 or less||$85,000 or less||$135.50|
|above $85,000 up to $107,000||above $170,000 up to $214,000||Not applicable||$189.60|
|above $107,000 up to $133,500||above $214,000 up to $267,000||Not applicable||$270.90|
|above $133,500 up to $160,000||above $267,000 up to $320,000||Not applicable||$352.20|
|above $160,000 and less than $500,000||above $320,000 and less than $750,000||above $85,000 and less than $415,000||$433.40|
|$500,000 or above||$750,000 and above||$415,000 and above||$460.50|