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jlstouten
New Member

Where do I enter a capital credit from a rural electric cooperative?

 
1 Best answer

Accepted Solutions
Hal_Al
Level 15

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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2 Replies
Leonard
Intuit Alumni

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 ?
Hal_Al
Level 15

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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