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evergrn
New Member

Why is our 1099-PATR and 1099-G forcing us into Farm Income and Farm Rental (and self-employed). Last year we used premier and Rental Properties.

 
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Irene2805
Expert Alumni

Why is our 1099-PATR and 1099-G forcing us into Farm Income and Farm Rental (and self-employed). Last year we used premier and Rental Properties.

 

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:

  1. Click on Federal > Wages & Income
  2. Scroll down to the Interest and Dividends section and click on the Start/Revisit box next to Dividends on 1099-DIV.
  3. Answer Yes to Did you receive any dividend income? (even though it was not reported on a 1099-DIV)
  4. On the next screen, click on I'll type it in myself.
  5. 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?

 

 

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