"Claiming medical marijuana on income taxes. "
That is a very interesting question. I will break this down into a few answers:
- The federal government does not recognize medical marijuana as being a valid form of medicine and it is federally illegal so in terms of taxes on that level definitely not.
- In terms of the state level, although cannabis may be legal it is not something you can claim on in terms of healthcare expense or otherwise, for healthcare deductions for instance.
- In terms of making money off of cannabis, if you are earning an income, then yes you must pay taxes on that.
I hope this helps.