Is PG&E going to automatically move us to E-TOU-C?

[Ampster]

I haven't got my check yet. ..........]
Thanks for the update. I agree with your interpretation about the taxability.

 

[getakey]

if you get a 1099, the IRS got it too

 

[h2ofun]

if you get a 1099, the IRS got it too

yep. Waiting to hear ones tax person opinion. I have not heard back from mine yet

 

[RKCRLR]

if you get a 1099, the IRS got it too

I agree, but you can dispute an incorrect 1099 when you file your taxes. I'd cite Title 26, section 136 of the tax code:
"Gross income shall not include the value of any subsidy provided (directly or indirectly) by a public utility to a customer for the purchase or installation of any energy conservation measure.".

 

[BGbreeder]

Just because you received a 1099, doesn't mean it is valid. If it isn't, you just need to explain to the IRS why it is in error. Been there, done that, never had any pushback for the times that I have had to do it.

I'm not opining on whether this is or isn't valid.

All the best,

BG

 

[getakey]

Just because you received a 1099, doesn't mean it is valid. If it isn't, you just need to explain to the IRS why it is in error. Been there, done that, never had any pushback for the times that I have had to do it.

I'm not opining on whether this is or isn't valid.

All the best,

BG

Agree, but if you don't explain report the income or explain it is in error, it could raise a red flag