Is Medicare Deductible On Taxes? 
Possibly . If you itemize your tax return deductions , and your out of pocket -LRB- deductible , coinsurance , unreimbursed medical expenses -RRB- and you meet the guidelines for deductibility , you may be able to write off a portion of the Medicare deductible that you actually paid . If you are self employed you may also be able to write off some or all of your out of pocket expenses . 