Form 1099-PATR (Taxable Distributions Received From Cooperatives)

Per the IRS instructions, patronage dividends and other distributions in boxes 1, 2, 3, and 5 from a cooperative are reported on Schedule C, Schedule F, or Form 4835. You can refer to the recipient instructions for IRS Form 1099-PATR for additional information.

To enter the data on Schedule C:

1. From within your TaxAct® return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then choose Federal.
2. Click Business Income in the Federal Quick Q&A Topics menu to expand the section, then choose Business Income or Loss from a Sole Proprietorship
3. Click New Copy of Federal Schedule C (Desktop users click Add) to create a new copy of the form or click Review to review a form already created
4. Continue to the screen titled Business Income - Income and click Yes
5. Continue to the screen titled Business Income - Other Income to enter the Form 1099-PATR amounts

To enter the data on Schedule F:

1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then choose Federal.
2. Click Business Income in the Federal Quick Q&A Topics menu to expand the section, then choose Farming Income or Loss
3. Click New Copy of Federal Schedule F (Desktop users click Add) to create a new copy of the form or click Review to review a form already created
4. Continue to the screen titled Farm Income - Income and click Yes 
5. Continue to the screen titled Farm Income - Cooperative Distributions to enter the Form 1099-PATR amounts

To enter the data on Form 4835 for farm rental:

1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then choose Federal.
2. Click Rent or Royalty Income in the Federal Quick Q&A Topics menu to expand the section, then choose Farm rental for crop shares
3. Click New Copy of Form 4835 (Desktop users click Add) to create a new copy of the form or click Review to review a form already created
4. Continue to the screen titled Farm Rental - Income and click Yes 
5. Continue to the screen titled Farm Rental - Cooperative Distributions to enter the Form 1099-PATR amounts