1 Software, such as Intuit's TurboTax, typically costs between $20-$90, depending on the complexity of your returns and whether you need to complete a state return. 2  During the past two years, retail discounts during February and March have been common. 3  An online version, Web TurboTax, is also available. If your income is less than $50,000, you may qualify for Free File, a partnership between the IRS and the Free File Alliance, which should let you e-file your taxes for free.
What are Beneficiary Identification Codes (BIC)? BICs indicate the type of benefits a Social Security claimant receives and are used as Medicare claim numbers. These codes are not assigned to a claim number until the claimant applies for Social Security benefits. For example, if the Social Security number of the Primary Claimant is 999-99-9999 and they apply for retirement benefits, their BIC is A and their claim number is 999-99-9999A. Source Code.
Clients often ask us about the meaning of the letter suffix on their Medicare card. Your Medicare number (also called Medicare Claim Number) is usually your Social Security number followed by a code. The code may only appear on your Medicare card but it is assigned by the Social Security Administration to identify the category you qualify under to claim benefits. The number portion could be your spouseâs Social Security number to indicate you qualify for benefits because of your relationship to them.