IRS: Alert – IR-2024-177, June 28, 2024 – Marijuana remains a Schedule I controlled substance; Internal Revenue Code Section 280E still applies

2 years ago

IR-2024-177, June 28, 2024 WASHINGTON — Until a final federal rule is published, the Internal Revenue Service today reminded taxpayers that marijuana remains a Schedule I controlled substance and is subject to the limitations of Internal Revenue Code. The law with respect to the schedule or classification of marijuana has not changed. Taxpayers seeking a […]