much appreciated.
So, for those keeping track, it's now 2-1 with the majority of responses permitting the use of/reporting the "net" SREC value.
And 1-0, with subtracting the required registration fee for the solar facility from this "net" value.
Because of the seeming ambiguity of the IRS and the recognition that there's no simple, fact-based, singular way to approach this. Remember that an IRS letter cannot be cited as a precedent. So, I'll simply make the best decision in a consistent and documented answer, and then, cross my fingers. It certainly isn't a mountain of money anyway. So, wish me luck...for the net 7 years.
I wonder how Intuit's legal/accounting department would defend me in an audit? That's included in one of their packages, right?
