BobKamman
Level 15
02-14-2023
04:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
This PLR might help:
https://www.irs.gov/pub/irs-wd/1035003.pdf
Maybe this is a one-time payment, for all the REC's that the system will generate over the years? (And I don't think they have to involve anything going into the grid.) Other references indicate that the 1099-MISC was used in previous years. Did he actually receive $15K? When? Does he expect to receive more in future years?
I would first ask the utility why they decided to use the -NEC and not the -MISC or even the -S.