Answer to the first question: Income before deducting losses,
Answer to the second question: I don't know.
..... bl
--- In vpFREE@yahoogroups.com, "VpKing77" wrote:
>
> Could someone explain this to me as I almost 62. If I have $200k to $300K in W-2Gs and still end up losing for the year will my Medicare premium be based on my net income or my income before I take my loss deduction. It seems to me it would cost several thousand more per year. An extra $190 a month. How long does the penalty last?
>
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