Anyone know if we can claim growing supplies as medical expenses on income tax?
Absolutely.
Cultivation supplies are attributable to inventory and thereby deductible through Cost of Goods Sold (COGS). Cogs is the allowable deduction under IRC 280E.
Absolutely.
Cultivation supplies are attributable to inventory and thereby deductible through Cost of Goods Sold (COGS). Cogs is the allowable deduction under IRC 280E.
