Quote Originally Posted by sittingone
I am curious what the process is for keeping a paper trail for tax purposes.

Is all information taken on the seller and then sent an 1099 at the end of the year?

Are receipts exchanged?

Does the seller have to have a business set up?

I would imagine it is different at different dispensaries, but I am talking about nicer places with quality like D9, ReLeaf, etc. where they will expect quality and pay decently for it.

Thanks!
sittingone
the seller has to get the tx id # from the shop so the tax is not put on them but the customer.