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Retirement tax questions
I understand from reading previous posts (posted several years ago) that the income from SRECs is considered taxable income by the IRS, and should be shown as "Other Income". BUT, what value is to be used? The sale of SRECs is typically through a broker (SRECTrade, SolSys, etc.) and I don't receive a 1099-MISC from the broker. Is the gross value to be used on my tax forms or the net value (total value minus the brokerage fees)?
‎January 22, 2025
9:25 AM