With everything going on in 2021, we filed a record number of MFS returns this past tax season. I admittedly got a little carried away and suggested some clients who are a retired couple on Medicare file separately as they would have some significant tax savings. In the heat of busy season and with everything else going on, I did not consider how these separate filings might impact their Medicare premiums (lesson learned).
In my research, it appears that it is possible to file an amended joint return and ask for a recalculation of the Medicare premium. Has anyone had any luck doing this in the past. Any tips would be appreciated.
Thanks