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Deductions & credits
I received three rebates from my power company in 2021. The rebate total for 2021 was 682.33. The first rebate was $30 for a new, energy efficient washer. The second and third rebate totalled $652.33 and were for 2 electric vehicle charger, both ChargePoint, that were installed for our plug-in hybrid and battery electric vehicle.
My power company issued me a 1099-MISC for $682.33 for the rebates. I didn't think I was supposed to pay tax on the rebates. Can you please advise?
‎February 17, 2022
1:48 PM