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D
dave290dl
February 15, 2023
Question

Is capital credit retirement money received from mycooperative electric company non-taxable?

  • February 15, 2023
  • 1 reply
  • 0 views
Are 1099-misc capital credits taxable?
 

1 reply

T
ThomasM125
February 15, 2023

They would not normally be taxable to an individual, unless you had deducted the electric expense for some reason. They would be taxable if you had deducted the electricity as an expense of property you rented out or a business you ran.

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