ColeenD3
Expert Alumni

Get your taxes done using TurboTax

@bsharples151

 

You are correct. 

 

If the dividends in Box 1 of your 1099-PATR came from property purchased for personal use or capital assets/depreciable property used in your business, you do not have to enter your 1099-PATR. Keep it with your tax records, though.