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Thread: Medical Marijuana - Tax Deduction ?

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    Senior Member Patsy Warnick's Avatar
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    Medical Marijuana - Tax Deduction ?

    Tax Time.. Woohoo

    I'm asking - here in AZ you have to qualify for a medical marijuana card.

    In the state of Washington - marijuana stores are on every corner - take your I.D. and purchase as if your at any other convenience store.

    Medical costs are a deductible so I'm asking is or should medical marijuana be a deductible?

    What do you say?

    Patsy

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    Proudly humble LarsMac's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    Quote Originally Posted by Patsy Warnick View Post
    Tax Time.. Woohoo

    I'm asking - here in AZ you have to qualify for a medical marijuana card.

    In the state of Washington - marijuana stores are on every corner - take your I.D. and purchase as if your at any other convenience store.

    Medical costs are a deductible so I'm asking is or should medical marijuana be a deductible?

    What do you say?

    Patsy
    Well, I think it should be.
    However, the stuff is still against Federal law. That will complicate the Federal income tax a bit.
    "The trouble with people isn't that they don't know, but that they know so much that ain't so." - Will Rogers
    "Truth isn't Truth" - Rudy Giuliani

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    superstar minks's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    well as you may or may not know, it is legal both medical and recreational here.
    It is a real twisted thing here.
    I have health benefits that cover some of the costs of my prescribed meds. However they will not cover my prescribed medical Cannabis and I am taxed on top of that. And NO prescribed medicines in this country are taxed.
    It is a real burr under my saddle as I used medical Cannabis daily, both for sleep and arthritis and I am treated like just another stoner with a bad habit.
    Medical should be tax deductible, or at the very least tax free.
    The whole mess just shows how greedy our liberal government is … legalize it, for rec use and tax them, but as a medical alternative they do nothing to help us out.... but then again our PM and his idiocy is another story for another day.
    �You only live once, but if you do it right, once is enough.�
    ― Mae West

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    superstar minks's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    well as you may or may not know, it is legal both medical and recreational here.
    It is a real twisted thing here.
    I have health benefits that cover some of the costs of my prescribed meds. However they will not cover my prescribed medical Cannabis and I am taxed on top of that. And NO prescribed medicines in this country are taxed.
    It is a real burr under my saddle as I used medical Cannabis daily, both for sleep and arthritis and I am treated like just another stoner with a bad habit.
    Medical should be tax deductible, or at the very least tax free.
    The whole mess just shows how greedy our liberal government is legalize it, for rec use and tax them, but as a medical alternative they do nothing to help us out.... but then again our PM and his idiocy is another story for another day.
    �You only live once, but if you do it right, once is enough.�
    ― Mae West

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    Proudly humble LarsMac's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    Quote Originally Posted by minks View Post
    .... but then again our PM and his idiocy is another story for another day.
    I'd trade our Pres for your PM, for a while.
    "The trouble with people isn't that they don't know, but that they know so much that ain't so." - Will Rogers
    "Truth isn't Truth" - Rudy Giuliani

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    Proudly humble LarsMac's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    My tax accountant relative says, no. Medical pot is not deductible on Federal taxes, because it is against federal law.

    And to-date most states follow the federal guidelines on medical expenses.
    "The trouble with people isn't that they don't know, but that they know so much that ain't so." - Will Rogers
    "Truth isn't Truth" - Rudy Giuliani

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    Senior Member Patsy Warnick's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    Lars - your Tax relative is correct.

    How Marijuana is obtained from state to state is a ball of marbles.
    AZ has several requirements - Dr. eval etc..Once approved it has cost one $350.00.
    Then your issued a card to purchase.
    In the state of WA - no requirements - no Dr. eval - No cost to any individual - just walk in & buy what you want.
    So where is my $350.00 going?? LOL right down the toilet..LOL
    OH GOD The Government B.S. wow
    they're always biting...

    Patsy LOL

  8. #8
    Senior Member AnneBoleyn's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    Quote Originally Posted by LarsMac View Post
    I'd trade our Pres for your PM, for a while.
    Ditto, 'cept I'd change for a while to forever.

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    superstar minks's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    Lars and Anne, you would be in for a whole lot of embarrassment on the global front!!
    And then there is all the lies and cover ups that are unravelling.
    He is the biggest hypocrite and liar I have ever seen.
    Back to the topic of Pot now lol.
    Of course if the stuff is illegal there are different tax issues, but as a legal substance and a prescribed substance for some people it's disgusting we are being taxed on it that is all I can say.
    Oh Canada what a sham these days.
    �You only live once, but if you do it right, once is enough.�
    ― Mae West

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    superstar minks's Avatar
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    Re: Medical Marijuana - Tax Deduction ?

    Register to remove this ad.
    Lars and Anne, you would be in for a whole lot of embarrassment on the global front!!
    And then there is all the lies and cover ups that are unravelling.
    He is the biggest hypocrite and liar I have ever seen.
    Back to the topic of Pot now lol.
    Of course if the stuff is illegal there are different tax issues, but as a legal substance and a prescribed substance for some people it's disgusting we are being taxed on it that is all I can say.
    Oh Canada what a sham these days.
    �You only live once, but if you do it right, once is enough.�
    ― Mae West

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