If the dividends in
Box 1 of your 1099-PATR came from property purchased for personal use or
capital assets/depreciable property used in your business, you do not have to enter your 1099-PATR. Keep
it with your tax records.
Otherwise, Form
1099-PATR gets reported on Schedule F (Profit or Loss from Farming) in most
cases.
In TurboTax, please
do the following:
- Federal
Taxes
- Wages &
Income
- Other
Business Situations,
click Show more
- Farm Income
and Farm Rental,
click Start