I have a 1099-PATR and do not see the 1099-PATR form in TurboTax Desktop 2024 version (it is up to date) How do I enter 1099-PATR income in desktop 2024?

[richardsnewtoy]

It is a lease to own structure that is personal and has a membership.. as I understand it the amount is a share of group earning of Farm Credit Mid America ACA

[PatriciaV]

If you received any patronage dividends from a cooperative of at least $10, the cooperative will send you a Form 1099-PATR, Taxable Distributions Received From Cooperatives.

You may also receive this form for any backup withholdings made on your behalf.

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.

If the dividends reported in box 1 of your 1099-PATR fall into either of the following situations, you do not have to report them:

• Your dividend was paid on property purchased for personal use; or
• Your dividend was paid on capital assets or depreciable property used in your business.