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Level 1

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

 
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Level 20

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
Level 1

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 ?
Level 20

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

View solution in original post