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business code for marijuana manufacturing
My company is engaged in marijuana manufacturing. What activity code should I use in turbo tax? Is there any form I need to use for this business other than the forms used for normal business. I know under 280E, all expenses are non deductible. Should I still enter the expenses in deduction? or just skip it. However, expenses are deductible in my state, should I enter all expenses just on state return?
thank you
Lynn
‎August 24, 2021
7:56 PM