I have a 1099-PATR form and am self employed and is for a business building we own.

[midi73]

I have a 1099-PATR form and am self employed. This is for oil purchased from a Coop for the business building that we own and I use in my business. Where do I put this on my taxes or do I even need to include it ? I wasn't quite sure from some of the other replies.  Thank you so much. 

[JulieCo · Accepted solution]

Yes, you will need to record the income from the 1099-PATR form on your income tax return.

Here are steps to help guide you where to enter the 1099-PATR form in TurboTax:

https://ttlc.intuit.com/replies/5113710

Below is a sample screenshot of 1099-PATR entry in TurboTax Home & Business for a coop dividend.

[Edited 3/18/18|6:36pm]

[midi73]

" If your 1099-PATR isn't for farm or co-op dividends, it gets entered as general business income:"

Thank you for the quick response.  That was the part that confused me,  it IS  COOP dividends so does it still get entered into the General Business Income area ?  Thank you so much for your time.  🙂

[JulieCo]

Then you would report it with coop dividends as in the first set of instructions above.  I added a sample screenshot to the answer above.

[midi73]

Okay, I tried that multiple times and it's only giving me the farm section and I have no farm. I am not getting that screen option at all. Sorry! I know I'm dense.  😉

[JulieCo]

You are correct that the option noted above is for farm income. If you do not have a farm, then just go ahead and enter it under General Business Income.  Sorry, I misunderstood your previous comment and led you to the farm section.

[midi73]

Oh, okay, thank you so much. That cleared it up.   😉  Thanks again!