Are NJ Transition Renewable Energy Certificates (TRECs) payments considered taxable income?

Yes. NJ Transition Renewable Energy Certificates (TRECs) payments are considered taxable income. The payments are taxable on your federal and state tax returns. Following @Irene2805's advice from this page, you'll enter this income using the following steps:

1. Open your TurboTax account.
2. "Take up where you left off."
3. In the panel on the left, click Federal > Wage & Income.
4. Scroll down to "Less Common Income" > Miscellaneous Income > Start/Revisit.

     5.  "Other reportable income" > Start/Revisit.

    6.  On the screen, "Any Other Taxable Income," select "Yes" > Continue.

   7.  On the screen, "Other Taxable Income" enter the description and amount.

   8.   Continue > Done.