TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Solved

Where do i enter srec payments

Forum|Forum|7 years ago
June 3, 2019
3 replies
49 views

No text available

TurboTax Deluxe Online

Best answer by CherylW

Enter it as Miscellaneous income, as in the below screenshot.

Here is an article, for your perusal, that states whether SREC should be taxable:

http://www.rodmancpa.com/are-solar-renewable-energy-credits-taxable

Level 11

Enter it as Miscellaneous income, as in the below screenshot.

Here is an article, for your perusal, that states whether SREC should be taxable:

http://www.rodmancpa.com/are-solar-renewable-energy-credits-taxable

Level 2

If the SRECs are reported on a 1099-MISC, things get more complicated. There are no options for the type of income that match, and when you select "None", TT starts treating it like business income. So, you have to fudge it and report as something like "prize winnings".