A cooperative files Form 1099-PATR Taxable Distributions Received From Cooperatives for each person paid at least $10 in dividends and other distributions.
Patronage dividends and other distributions in Boxes 1, 2, 3, and 5 from a cooperative are reported on Schedule C (Form 1040) Profit or Loss From Business, Schedule F (Form 1040) Profit or Loss From Farming, or Form 4835 Farm Rental Income and Expenses. See Statements to Recipients in the IRS Instructions for Form 1099-PATR for additional information.
To enter the data on Schedule C (Form 1040):
To enter the data on Schedule F (Form 1040):
To enter the data on Form 4835 for farm rental:
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.