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posted Feb 21, 2025 3:34:24 PM

how do you report form 1099-PATR Taxable Distributions Received from Cooperatives?

Our waters company was sold and we received a check and this form as former customers.

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1 Replies
Expert Alumni
Mar 1, 2025 9:40:57 AM

It depends. If you are not self employed or a farmer report the income using the steps below.  If you are self employed or a farmer use the link for the 1099-PATR here: Where do I enter Form 1099-PATR? 

 

Other Miscellaneous Income:

  1. Sign into your TurboTax Online account
  2. Go to Tax Home (left panel)  Wages and Income  section
  3. Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C
  4. Select Other reportable Income > Enter a description (----) and the amount