US / marijuana Total Drag: Medical Pot Isn't Tax Deductible By Caleb Newquist, Newser User 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. (More marijuana stories.) Report an error