Most often, Form 1099-PATR reports dividends associated with farms. However, you may also receive this form for other reasons, for example if you have your home mortgage from a land bank.
In general, the dividend that was reported to you on Form 1099-PATR can be entered on Schedule B using the following steps:
- Click on Federal > Wages & Income.
- Scroll down to the Interest and Dividends section and click on the Start/Revisit box next to Dividends on 1099-DIV.
- Answer Yes to Did you receive any dividend income? (even though it was not reported on a 1099-DIV)
- On the next screen, click on I'll type it in myself.
- Enter the dividend information and continue through the rest of the interview.
There are situations were the 1099-PATR does not have to be entered. For additional situations concerning a 1099-PATR, please see this FAQ: Where do I enter Form 1099-PATR?
