how do you treat income from residential solar panels received from sale of excess energy generated.

dbassociates · ‎03-13-2021

Terry53029 · ‎03-13-2021

Here is a site that may help:

https://www.puc.nh.gov/regulatory/Docketbk/2016/16-576/MOTIONS-OBJECTIONS/16-576_2017-03-24_LEBANON_...

jeffmcpa2010 · ‎03-13-2021

Did they get a 1099 or any other statement indicating that there is TAXABLE income?

With the little information provided I will reference what we have/had in my state where power companies were required to purchase excess residential solar power from a qualified homeowner's system.

Never thought about this before, but I have not seen anyone report the payment from that - it just went to paying down the loan they took out to install the solar.

not sure if that helps at all.

jeffmcpa2010 · ‎03-13-2021

never mind

Terry had better information

how do you treat income from residential solar panels received from sale of excess energy generated.

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