What tax returns does the Social Security Administration use to calculate whether I receive a 2015 IRMAA penalty?

IRMAA - for higher incomes · published Jul 22, 2015

Most likely your 2013 tax returns that were filed in 2014. Your 2015 Income Related Monthly Adjustment Amount (IRMAA) is based on the most recent tax return that the IRS provides to the Social Security Administration (SSA) and in general, the IRS will report the financial information provided on your 2013 federal tax returns that were filed in 2014.

However, in some cases the SSA determines your 2015 IRMAA using earlier tax returns --- for instance, if the IRS only provided the SSA with 2012 federal tax returns that were filed in 2013.

The good news: If the SSA is using your 2012 tax return, even though you filed a 2013 tax return or, due to financial changes, you were not required to file a 2013 tax return, you are able to contact a local SSA office and update your income records - and possibly avoid your IRMAA payment.

If this IRMAA re-determination is not successful, you can appeal the SSA 2015 IRMAA determination --- And we have information on appealing IRMAA on this site