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tortuga48
Level 1

How do I track my medicare expense from my automatically deposited social security check?

 
1 Comment 1
AileneA
QuickBooks Team

How do I track my medicare expense from my automatically deposited social security check?

Hello, @tortuga48

 

Thank you for reaching out to the Community.  

 

We can categorize the transactions to review from your bank. Let me show you how: 

 

  1. Go to the Transactions tab. 
  2. Under Type choose either Business, Personal
  3. If the transaction is a mix of both types, you can select Split

 trans..PNG

 

You'll need to make sure you assign it to the correct category. Though, you can make changes by tapping the blue field that appears right after click the transaction category. 

 

trans1.PNG

 

You can also run Tax summary report to review the deductions made from your healthcare expenses. 

 

QBS1..PNG

 QBSE2..PNG

 

Just in case, I'll add this article for future reference: Overview: Healthcare insurance.  

 

Please reach out to me in the comment section below if you have any other issues or concerns, and I'll get back to you as soon as possible. I'm always here to help. Have a great day!

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