Solved
We receive a payment from the utility of we generate more electricity than we use over the course of the year. The amount is less than the $600 required to generate a 1099-MISC. If I try to enter the amount as a 1099-MISC anyway (as you would for interest earned less than $10), the software requires an EIN which the utility will not provide.
You can enter it as other income. To do this select the following:
- Federal
- Income and Expenses
- Scroll down to Less Common Income and click Show More
- Start next to Miscellaneous Income
- Start next to Other Reportable Income
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.