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New Member
posted Jun 3, 2019 10:38:08 AM

Where would I put a 1099-PATR form?

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1 Best answer
New Member
Jun 3, 2019 10:38:09 AM

If you received any patronage dividends from a cooperative of at least $10, the cooperative will send you 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.

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

Option 2

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 Taxes > 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.

9 Replies
New Member
Jun 3, 2019 10:38:09 AM

If you received any patronage dividends from a cooperative of at least $10, the cooperative will send you 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.

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

Option 2

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 Taxes > 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.

Level 1
Feb 25, 2020 1:00:50 PM

the steps in option 2 do not accomodate form information from anything but a 1099-DIV

if i enter 1099-PATR Patronage Dividends from my coop into the Farm Income section, the questions re: farm business etc seem misleading and irrelevant.

 

 

Expert Alumni
Feb 27, 2020 5:25:22 AM

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 TurboTax  Help article: Where do I enter Form 1099-PATR?

 

@dagmarina

 

New Member
Aug 31, 2020 12:18:38 PM

None of the instructions I've read seem to properly and accurately account for 1099-PATR received by workers from a worker cooperative. As a former tax Intuit Tax Expert, Enrolled Agent and a Tax Pro beginning to help worker cooperatives, there should be more clear guidance.
The 1099-PATR for a worker cooperative should not be subject to SE tax and should also qualify for the QBI deduction. The easiest way to do this would be to report it as a Div  box 5 for section 199A dividends. 

However I imagine this would cause the IRS to possibly find an error.

The guidance is that it is reported as Other Income or possibly on a schedule C not subject to SE tax.

I can't figure out how to enter this properly, the other income won't give me an option for the 199a and the schedule C will be subject to SE tax.

New Member
Mar 16, 2023 3:23:42 PM

Did you figure out an answer for this Jim? I'm in the same boat as a worker-owner in a co-op trying to do my taxes on turbotax and having trouble figuring out where to enter my 1099-PATR info without it being subject to SE tax. Thanks for any info you can provide! 

Expert Alumni
Mar 16, 2023 4:46:32 PM

If this isn't farm income, you can post it to Other Miscellaneous income.  This is true if you work in a cooperative. 

 

  1. Go to Wages & Income
  2. Scroll all the way down to Less Common Income
  3. Select Miscellaneous Income, 1099-A, 1099-C from the drop-down
  4. Select Other reportable income
  5. Any Other Taxable Income? = Yes
  6. Description = 1099-PATR (description)
  7. Amount = $

Level 1
Mar 26, 2023 2:23:35 PM

I received a patronage Dividend from a co-op that I am a member. I buy propane for our house. I don’t have a farm nor a business that uses the propane. Do I need to report the Dividend on my taxes as the Propane is used for personal use only?

Expert Alumni
Mar 26, 2023 2:41:22 PM

If the dividends in box 1 of your 1099-PATR came from property purchased for personal use (or capital assets or depreciable property used in your business), you don't have to enter your 1099-PATR. Keep it with your tax records, though.

 

Click here for additional information regarding Form 1099-PATR.
 

Returning Member
Jul 10, 2023 6:59:31 AM

No. If the original expense wasn't deducted anywhere previously, it doesn't have to be reported as income.