US | marijuana Total Drag: Medical Pot Isn't Tax Deductible By Caleb Newquist Posted Aug 5, 2010 4:49 PM CDT Posted Aug 5, 2010 4:49 PM CDT Promoted on Newser Aug 5, 2010 5:01 PM CDT Copied If you've got this at home, don't even think about deducting it. (AP) After a little bit of confusion—thanks to a vaguely worded letter from the IRS on the use of an "herb"—it was re-confirmed marijuana is not eligible for deduction on citizens' personal tax returns. Even in states where it can be legally prescribed by a doctor. Read the full article at Going Concern. Read These Next E. Jean Carroll is ready to collect from Trump. Dad gets to preschool pickup, realizes toddler is still in car. FBI: Ransom notes in Guthrie case aren't authentic. Student dies at Oregon site 'infamous for drownings.' Report an error