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Let me jump in with a very specific example:

 

1)  My electric bill is about $1000 per year

2)  The local electric company buys electricity from me, paying me about $1050 per year

3)  The amount it pays me is spelled out as a line item on my bill, and I do not receive a 1099

4)  My panels are paid for and I have not claimed a deduction or depreciation in the past

 

What is the proper way to account for this set of economics