How do you report a capital credit payment received from a electric coop?
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How do you report a capital credit payment received from a electric coop?

 
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How do you report a capital credit payment received from a electric coop?

You do not have to report capital credit payments received from an electric coop.  As you purchase electricity from the cooperative, you build equity in the coop

Capital credits are a return of money paid for electricity in a previous year and are generally not taxable income for residential consumers.

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