Hi ppl's i was wondering if donation's to your local non-profit MMJ co-op are tax deductable ??:cool:
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Hi ppl's i was wondering if donation's to your local non-profit MMJ co-op are tax deductable ??:cool:
I'll bet they didn't give you a reciept, and you'd need one. :hippy:Quote:
Originally Posted by veggii
unless your giving $10,700 or more, then NO!
hey I'm serious ppl's so i donate 200$ get a oz
can i claim that on taxes?
all other non-profit's you donate too you can claim it:thumbsup:
Thats what I was told,I give quite a bit,probably like around a $2,000 plus.But When I heard its tax deductable,I was stoked,then I found out it has to be over $10,000....wtf?Quote:
Originally Posted by illnillinois
lol....But I guess I dont mind,I mean.....you give cause you care right,not to get something back.
Many clubs do give receipts, not even so much for the clients but so the people upstairs know what business went on that day.Quote:
Originally Posted by LdyMarsRN
I really hope you aren't serious, of course you can't claim it on your taxesQuote:
Originally Posted by veggii
Yes I am serious, why not are you sure!! any non-profit organization you donate too, you can claim on your taxes. remember know all MMJ co-op's / dispenciaries can only run legally as a non-profit organization.Quote:
Originally Posted by Nailhead
I guess one way to find out for sure, is too get a reciept for your donation.Then claim it on your taxes.I think we can.:D
Ok Mr. Gump, go right ahead and claim them on your taxes and see what the IRS thinks about that :rolleyes:
quote nailhead "Ok Mr. Gump"
I don't appreciate you calling me names, grow up
you must have been a school yard bully. booo!
I was wondering, I deduct ALL MY MEDICAL COSTS IF THEY TOTAL A CERTAIN AMOUNT OF MY INCOME--INCLUDING MEDICATIONS AND IT IS NOT AN ITEMIZED LIST. IF IT IS LEGIT MEDICAL COSTS AND FITS THE CRITERIA (OF WHICH A CPA WOULD KNOW), IT WOULD SEEM YOU COULD DEDUCT IT. NOW IF YOU ARE DONATING TO A "non profit organization" that has the proper paperwork from the state, etc. for non-profit status; it would seem it could be deducted like giving to a church. BUT IF IT IS FOR SERVICES RENDERED--I DOUBT IT! IF YOUR CO-OP IS NON PROFIT AND MEMBERS ONLY USE PRODUCTS WITHOUT SELL. THEY KEEP RECORDS OF COST OF CULTIVATION, ETC--IT WOULD SEEM WITH PROPER NON PROFIT STATUS, THAT WOULD COUNT. BUT YOU NEED A CPA OR SIMPLY CALL THE IRS--THEY SURELY CAN TELL YOU AND WOULD BE DELIGHTED!!! JUST A THOT! SORRY, I THINK THE mr gump thing, i think he thot it was cute. if u were friends, it mite have been! and most of us like to think we are all friends!Quote:
Originally Posted by veggii