Don’t forget to claim your medical cannabis as a medical expense when you do your 2016 taxes (due on or before April 30, 2017). Here’s how to do it:
Step 1: Get Your 2016 Receipts
Most Licensed Producers (LPs) have a section on their websites where you can view your past orders and print your receipts. If you can’t find it, please contact your LP directly as it is their legal obligation to provide you with your receipts.
Step 2: Fill Out Your Tax Forms
When you fill out your tax forms, make sure you include the total amount you spent on medical cannabis over the course of the year on your 2016 tax return.
A complete rundown on claiming medical expenses can be found at Canada Revenue Agency’s Website.
For more information, please email firstname.lastname@example.org or call us directly at 1-844-470-6063
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Author: Plants Not Pills
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