TurboTax FAQ
TurboTax FAQ
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Form 1099-PATR, Taxable Distributions Received From Cooperatives

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.

Do I need to enter my 1099-PATR?

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.

Otherwise, Form 1099-PATR is reported on Schedule F (usually) or Schedule C.

Entering Form 1099-PATR into TurboTax for Farm or Cooperative dividends

You can go through the step-by-step interview to enter your dividends as Other Income for your business. However, you can jump directly to the entry screen for this topic by.

Home & Business version:

  1. Enter 1099-patr in the TurboTax search box and press the Enter key.
  2. Click the Jump to 1099-patr in the search results.
  3. Follow the on screen instructions.
  4. When you get to "Your Farming Income and Expenses" screen, click Start/Update next to Livestock, grain, produce, custom work, co-ops to enter your information.

Entering Form 1099-PATR into TurboTax for other dividends

If you've already stepped through the interview and want to jump directly to the entry screen for this topic, follow these steps.

Home & Business version:

  1. Enter schedule c in the TurboTax search box and press the Enter key.
  2. Click the Jump to schedule c in the search results.
  3. Follow the prompts to enter business profile information or click Edit next to your business.
  4. Click Start/Update next to Business Income.
  5. Click Start/Update next to General Income.

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