"Medical marijuana gets treated just like any other prescription drug,"
Currently, medical marijuana is not approved for a federal income tax deduction. See IRS Publication 502 for more information on what qualifies as a medical deduction for federal tax purposes.
K.R. Hoffman & Co., LLC, counsels Entrepreneurs, Professionals and Select Individuals in taking control of their taxes, and businesses. Discover how we can help you overcome your tax and business challenges. For more information or to become a client, call me at (954) 591-8290 TODAY or drop me a note.