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Where do I enter a capital credit from a rural electric cooperative?
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Where do I enter a capital credit from a rural electric cooperative?
It is not taxable. do not enter it anywhere.
It is essentially only a refund of part of your electric bill
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Where do I enter a capital credit from a rural electric cooperative?
How was the capital reported to you? Was it a credit against your electric bill ?
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Where do I enter a capital credit from a rural electric cooperative?
It is not taxable. do not enter it anywhere.
It is essentially only a refund of part of your electric bill